GBP/USD Might Be Smashed By Sellers 🔨


📉 GBP/USD | Potential Downward Movement

💡 Sell Limit Order @ 1.34373

🎯 Target Profit 1.33556

🛑 Stop Loss 1.34779

❌ Do not risk more than 1% of your account on each trade


Description:
The price found bears around the 50% Fibonacci retracement level where it could lead to a breakout of the bullish channel to the downside. A higher correction could be posted before a new bearish impulsive wave toward the target profit.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
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🙂 Good Luck!
GBPUSDgbpusdsellgbpusdshortPivot PointspriceactionSupply and DemandSupport and Resistance

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