There is a potential +150 Pips Short Setup on GBPUSD. Based on our Analysis; price has completed retraced on 0.382 fib. retracement & Hopefully price will continue bearish. TP is on lower support level 1.5030 and if price breakout lower then, next TP should be 1.5005. This setup has a good Risk Reward Ratios, 1 : 4.
Trade active:
This setup is active now. Aggressive SL is right above 1.5200 / Conservative SL is slightly above 1.5240. depends on your risk management.