GBPUSD Institutional Short Setup

Good morning traders. According to our research the institutions have their eyes on the 1.25 level. Not only is it a decent level of resistance but it is also a huge psychological level that has been respected many times. As usual you will want to use a 30-40 pip stop loss and look to take whatever you can on the profit side. Good luck traders!

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Price hasn't yet made it's way up to the figure... still pending.