BeaucoupPips

GBPUSD Short Until the D point

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
As price breaks another LL and forms another LH, GU continues to descend. I reckon this ab=cd pattern could yield some significant support for price to change character and do some corrections. If not, I reckon a shot towards the next LQP 1.22500 could yield this change of character instead.
Trade closed: target reached
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