Short GBPUSD 4H

GBPUSD has recently entered a head and shoulder formation. A great indicator to conclude further downwards movements is the bearish divergence and falling volume level that indicate Bullish uncertainty.

Take profits could be set at 1.17200
Stop Loss can be set at 1.25900
Chart PatternsCoronavirus (COVID-19)GBPUSDTechnical IndicatorsRelative Strength Index (RSI)shortTrend Analysis

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