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.
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Trade at your own risk.
Please don't forget to like, follow, and comment, if you like my analysis.
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