Lanmar

British Pound likely topped - set up to roll over from here

Short
Lanmar Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Monthly resistance triggered with a double top in June and a retest of major monthly structure as shown in the chart below:

We have a breakdown on the daily time frame. Any retracement into the minor red zone would be a spot to add into if it goes there.

Targets could extend into the mid-high 1.20s based on the monthly


Trade closed: stop reached:
failed breakdown on the daily. Could retest 1.40s where I'd look to get short again
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