GBPUSD: Short Setup +300 Pips

Updated
The GBP/USD pair has recently reached a Fair Value Gap (FVG) zone and formed a strong bearish daily candle closure. This price action suggests that sellers are gaining momentum. Our short setup targets the extreme demand zone at 1.2400. A confirmed daily close below the last minor swing low (around 1.26300) will serve as a strong signal to enter short positions and validate this bearish outlook.
Trade active
Trade closed: target reached
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