the5erstrading

GBP/USD: Opportunity for Swing Sell Position

Short
FX:GBPUSD   British Pound / U.S. Dollar
As we can see in this H4 chart, the GBP/USD price created a new supply above earlier today.
It seems like a great level for sell position as a for swing traders.
If the price retraces that supply I'll sell there and the final target for this position will be the support below.

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