After a bullish movement of GBP-USD forex pair, there is a presence of overbought of this currency pair observed as a presence of bearish divergence. Therefore, it appears that this currency pair will move in bearish direction. For this, a short trade setup is designed to grab the trade oppurtunity for this forex currency pair. Time hour is set as one hour.
Trade closed: target reached
All TPs were hit. Trade Closed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.