GBPUSD short idea on daily chart

By 11021992
Updated
Hi traders,

On the GBPUSD daily chart we can see confluence of the 127.2% Fibonacci extension, AB=CD pattern and previous structure around the same area.
Entry: 1.34291
Stop: 1.35883
Target: 1.30773 = R:RR 2.21

Best of luck! Updates will follow.
Trade active
Trade closed: target reached

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