GBP/USD Intraday Short: Targeting a Reversal from 1.2955

Intraday Idea - We look to GBPUSD Sell at 1.2955

Technical View

• Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
  
• Price action looks to be forming a top
  
• A lower correction is expected
  
• Preferred trade is to sell into rallies
  
• Bespoke resistance is located at 1.2955
  

Stop: 1.2975
Target: 1.2875

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