AlkalineFX

GBPUSD: Take Sellers & Collapse

Short
FX:GBPUSD   British Pound / U.S. Dollar
The trend has shifted into a bearish market, for this to continue we must retrace to mitigate positions before we can sell-off strongly again.

I would like to see a pullback to wipe out the breakout sellers, once this is out of the way we can look to enter our sells as illustrated.

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