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GBPUSD: Great Shorting Opportunity



Hey traders,


Even though last week was quite bullish for GBPUSD ,

we still remain bearish biased on that.


Looking for shorting opportunities, I spotted a nice rising channel

and a completed head & shoulders pattern within its boundaries.


To short wisely I am looking for a breakout of 1.361 - 1.362 area (hourly candle close below)

that will signify a breakout of both h&s & channel.


Then the price will most likely drop to 1.355 structure.


In case if the price sets new high above the head, the setup will be invalid.

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