DiligentTrading
Short

GBPUSD POTENTIAL SELL

FX:GBPUSD   British Pound/U.S. Dollar
52 0 3
Nice Head & Shoulders forming.
Bearish confirmation could send price to
1.42670, then to 1.40688 completing the
head & shoulders formation.

Long term bearish target could be
around the 1.38500 mark.

Additional confirmation is that price
is currently on a downtrend on the larger
time frames.
Trade closed: target reached
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