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British Pound / U.S. Dollar
Short

GBPUSD Daily Chart- Hidden RSI Bearish Divergence

By perfcrypto
Updated
GBPUSD

There's a Hidden RSI Bearish Divergence on the Daily Chart indicating a possible downtrend continuation.
A break below and daily candle close below the trendline and we may see price go as low as ~1.21700 ( Previous Low of March)

Short Entry: At close of Daily Candle below trendline
TP 1: 1.27000
TP 2: 1.21700
SL: 1.32600

This is longterm trade. Take profits as you wish.
Note
snapshot
Note
TP 1: 1.27000 reached
continuationpatternsHidden Bearish RSI DivergencelongtermtradeMultiple Time Frame AnalysisshortsetupTrend AnalysisTrend LinesTrend Line Break
perfcrypto
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