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GBPUSD hourly graph in channel

Jan.28, 2010 in General

The following is the GBPUSD hourly graph as of Jan. 28th 2010, 12 AM EST. If you observe the graph you can see that it is going in a channel. AT some point it will break the channel and it is a good opportunity to enter the trade in the direction of the break. Chcek the following graph.

gbpusd in channel

gbpusd in channel

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