amanpaulbhogal
Short

Bearish set up on GBP/USD

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
In a recently structured down trend GBP/USD             could proceed lower after Friday's close as a bearish reversal bar hitting resistance at ~1.5350 and 50 ema . Price also closed below a Fibonacci cluster (38.2% and 50% retracement level).

entry - below low of reversal bar
stop loss - above high of reversal bar
target - at or lower than previous low
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