GBPUSD DROP
GBPUSD is at a previous weekly lower high and third trendline monthly touch. We also have seen a bearish engulfing on Weekly and Monthly which gives us extra confirmation to take a short. Exhaustion wicks at current price is indicating that the market no longer wants to push up higher. I have drawn a counter trendline on m15 and as soon as it breaks this counter trendline we will be free falling for a while. Enjoy the pips. This is gonna be a big one.
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