FX:GBPUSD   Pound Sterling/U.S. Dollar
40 0 2
Two setups here;

The first, a broken upward channel, broken to the downside. A short with a target of previous lows.

The second; a potential reverse head and shoulders (blue rectangles) which would suggest an upside movement. I would be waiting for a break of the descending trend line (dotted blue) before initiating a long position with a target of the longer term descending trend line .
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