MarketsFloor

GBPUSD - Bearish Butterfly Zone

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is currently in excellent pattern position, enabling traders to benefit from Long and Short if the bearish butterfly setup develops.
Currently its a SHORT Setup from 1.4485 - enabling to give around 200-250 Pips to the downside.
We are favouring some USD strength in coming days.

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