GBPUSD is going towards south

Updated
GBPUSD
After reaching the march high 1.31900 which is wend down all the way to 1.21950

*Its lost its ground against US dollar. Its felled almost 1000 pips

*We can expect short term pullback towards 1.24200 which is 78.6% Fibonacci

*And we may expect further resistance towards 1.26240

*Potential short positions may open at 1.24200 level and take profit will be 1.20700

*Stop lose may placed above 61.8% Fibonacci level
Trade closed: target reached
Chart PatternsGBPUSDgbpusdanalysisgbpusdideagbpusdsetupgbpusdshortgbpusdsignalgbpusdtradeTrend Analysis

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