Possible CUP formation on GBP/USD (daily)

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

gbp usd gbpusd forexsignals

We may face a cup formation for this pair. It offers us a great short opportunity with high RR ratio. My final target is at 1.25000.

Trade closed: target reached:

1st target reached

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