I've been watching this and the DXY lately and now the gbp has reached overbought levels via the RSI indicator, i know its not set in stone but its a good indication to start looking for short entry points for the cable. Big important news today could support this further and strengthen the us dollar.
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GBP rallied alot higher than i expected but none the less the plan is the same, looking for good entry for a short position over the next few hours