On top of the channel..... maybe this is the pullback we needed to get short.
I added to the short at specific planned levels... may get stopped out...but for now..short...
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Just as I described in my video and previous FUNDAMENTAL ANALYSIS... the PPI and CPI came out good because of the pricve fall and rising cost of imports for GBP.
So, this was what I predicted.....and I remain bearish going forward.
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Please Read: Observe my comment on UK's Inflation: