GBPUSD - 60min time frame short opportunity

Following our overviews and indications on both the weekly, daily and 4hr timeframes, on GBPUSD we are currently looking for short opportunities. Having already broke the top, from now on every sell is a good sell. Watch the break of the small correction to the upside that followed the small impulse to the downside for a short opportunity. Stop loss above said correction and break even when it reaches the lower 4hr trend line, to see it it breaks that as well.

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Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).

Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential small losses you might incur in before profiting from a good trade.

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