GBPUSD short

Hope we had profited from the last analysis. Today we will see a new analysis.

Dollar index is suggestive of retracement so this as well impacts the GU movement for a momentary retracement going up. Safe SHORT entry would be 1.30700. If you are a contrarian trader, you can put a very temporary LONG entry. but this should be not for long.

The stop loss would be a little bit bigger but its the way it is.
Chart PatternsTrend Analysis

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