GBPUSD: Classic Breakout Trade 🇬🇧🇺🇸

7 天前

GBPUSD broke and closed below a key daily horizontal support.

After a breakout, the price retested the broken structure
and started to consolidate on that, forming a range.

Bearish breakout of the range is a strong intraday bearish confirmation.
It increases the probabilities that the breakout is valid.

We can expect a fall at least to 1.254

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