FX:GBPUSD   British Pound / U.S. Dollar
This is a medium risk set up on the 4H timeframe for GBPUSD             . As we can see we have a pin bar rejecting the descending trendline suggesting another downward move possibly retesting the bottom trendline . A breakout to the upside would obviously invalidate our set up, however it would likely present us with an opportunity to go long after a clear break of the trendline .
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