BoonHooi
Short

GBPUSD - Reacted to Resistance Zone

FX:GBPUSD   British Pound / U.S. Dollar
I see that the pair reacted to the resistance zone at around 1.2570/85

Pattern Identification
There is no Harmonic Pattern forming this moment.
However there could be a classical bearish flag pattern to indicate a continuation pattern down lower.

Trade execution
Possible to take a short as the price retraces higher. Potentially at the top of the flag.
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