Midday Forex price action Analysis – 2017-02-01 (Potential Setups on GBPAUD and GBPUSD)

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Today I spot two potential short setups on GBP/AUD and GBP/USD. These setups look quite good at the moment, but the candles do not close for a few hours. I am watching these on the 4hr and 8hr charts. Please note the FOMC rate announcement tonight if entering GBP/USD.

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