GBP/USD - What Will be The Signal For Reversal Opportunity.
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GBP/USD is in amazing rally for the last 10 days, For now, I prefer to look for a reversal signal. If the price will breakout the support below it will be the signal for changing momentum to bearish, In that case, I'll look for a price action setup to sell GBP/USD. In addition, there is a significant MACD divergence which indicates the buyers running out of power. The target for the sell position will be the demand at the bottom.