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GBPUSD Technical Analisys

17 May 2018

For the past 2 months GBPUSD based on the Ichimoku system the price is out of the cloud and the tekan sen and kijun sean seem to be in a bearish formation.

The chikou span is below the price meaning that the small downtrend it formed there may continue.

But before we start looking for any bearish signals we need to have bounce on the tekan sen or kijun sen.

GBPUSD DAILY CHART

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Marios Athinodorou

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