As you can see the gbp is trying to make the new LH in the area grey highlighted zone . You can put the sell limit around the respective zone . to confirm is you seek in Daily TF and open a bollinger bands(BB) it will come out in the mid BB with EMA 50 is also around that area which make a possible short and It would be a sweet long trade. always put a stop loss and please watch out for your margin level in trading this pair.
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