GBPUSD: Sell breakout

The pair is still within the larger degree corrective structure which followed the BREXIT impulse, we are now almost at the bottom of the structure and a new down trend looks imminent, a break from the current smaller degree correction can provide a good entry for possible shorts.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter. com0.00% and subscribe.

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