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Thursday, August 12, 2021

GBPCHF - SELL BELOW @1.275

GBPCHF - SELL BELOW @1.275

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PAIR STALLS AT A STRONG RESISTANCE
This setup can only be nullified above the SL region. The sell pressure has been activated below @1.275 break down.

BEARISH SHARK PATTERN

This setup appears as a typical bearish shark pattern and if so, the possible move is downside as shown.

WEAKER STERLING (GBP)
Sterling appears weaker than most other currencies across board. Most GBP*** pairs are likely to drop for some days
from now.

Ensure you don't FOMO and you follow your trading rules strictly. Bear the disclaimer below too in mind.

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.



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