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The situation on the pound looks quite clear. We have a short term downtrend that may deepen further to 1.3740. This level is support and fibo 61.8. Looking at the chart at the moment, you can see that the price is rising, and you can basically risk a long position during the correction. In the picture, I showed when we will be able to think about long positions in the longer term. Until then, any downside signal should be considered as a continuation of the move. In the second picture of M1 I showed what will be a signal for me to continue short positions.

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