Hussnain3011

GBPUSD break and retest 4H

Short
FX:GBPUSD   British Pound / U.S. Dollar
GU had been gaining speed over the last2/3 weeks in unsteady uptrend. It broke out of this uptrend on the 30th and began consolidating all week last week. It had finally broken below the consolidation on the 4H timeframe and is retesting it at this moment. A perfect opportunity to short GU and place your stop 5 pips above the psychological level 1.39

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