LukeTimFX

GBPUSD 4hr SELL

Short
LukeTimFX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Price has reached key resistance level from late June highs.

I am expecting this to reject key level and sell off.

Entry; 1.25386
Stop Loss; 1.25531
Profit Target; 1.22656

Stop loss is potentially a bit tight so watch out for false breakout.
Comment:
Stop Loss set a bit too tight. Price now moving in expected direction and I believe will continue to sell off.
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