Petr Suchanek
Short

GBPUSD channel false breakout short setup

FX:GBPUSD   Pound Sterling/U.S. Dollar
208 0 1
Ok, so GBP is slowly grinding lower within a channel. If the price breaks up and makes any sign of weakness, it might be a nice opportunity to setup a short trade. I am personally waiting for the reaction @1.6430.

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