GBPUSD | New perspective

A simple set-up is identified on the 4H timeframe as we looked forward to the culmination of the retracement of the previous impulse leg to take advantage of a potential bearish momentum. To guide our actions going forward, we have a key level @ 1.23 area where we shall be looking forward to taking selling opportunities only below the key level.

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Operación activa:

I have 3 positions running already; it's time to move our stop-loss to lock in some profit at this point.