forextrader249
Short

GBPUSD lets dive lower

FX:GBPUSD   British Pound / U.S. Dollar
115 0 1
Looking for a potential short position here. Market back you close to that 1.5029 resistance area .
Waiting on an engulfing candle to indicate bearish momentum.
My first area to be cautious of is 1.1436 because it has acted as strong support in the past.

Once this is broken my targets are labelled. I got these future prices by clone the size of the previous ranges
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