GBPUSD formed inverse head and shoulder on the hourly chart, but it was only a fake breakout the 78.6% fibonacci retracement. In my opinion the next support is between 1.34-1.345. I recommend to open short position on market price, with stop loss around 1.38, and Take profit around 1.34(Risk:1%).
Trade at your own risk.
Please don't forget to like, follow, and comment, if you like my analysis.
Trade at your own risk.
Please don't forget to like, follow, and comment, if you like my analysis.
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