British Pound / U.S. Dollar
Short
Updated

GBPUSD good risk & reward detected...opportunity to sell

590
Judging from daily candle, GU closed at strong bearish on last Friday.
I'm expecting a healthy retracement during Asian session today and probably will continue retracement during Europe session.

I'm looking for sell entry in the sell zone marked on the chart.
Of course my decision will be depending on price action in a lower time frame.
I'm waiting any reversal pattern inside the sell zone in the lower time frame.

Good luck
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