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YourLazyTrader

Best level to sell GBP/USD + 220 Pips potential

British Pound / U.S. Dollar (FX:GBPUSD)  
YourLazyTrader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusdsetup
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trendanalysis chartpattern beyondta gbpusd gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusdsetup
Dear traders, despite yesterday's 100 pips fall which gave us a good profit
of 87 Pips on our sell trades, GBP/USD has managed to recover.

If you are planning on selling GBP/USD, I would recommend you to wait for a better
entry. Keep in mind that a perfect entry is crucial to ensure your trading strategy
is profitable.

So, if GBP/USD reaches 1.2675 level and bearish price action forms, traders can
consider selling GBP/USD@1.2675 with SL above resistance and TP at 1.25
Comment:
Price has spike up after CPI news, there is a chance that GBPUSD may go back down to 1.2530 by end of the day
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