SHORT GBPUSD

STRUCTURED downtrend, the structure of the daily downtrend would suggest the continuation down we are holding the previous low and testing it as resistance so taking the short based off the rejection there and basing the TP off the channel formed after new low was created but any break of that would be a case of looking at the volume slowing down. entry point has confluence as you can see its retesting the low and also the golden pocket - all looks good
cablecableshortFibonacciForexfxGBPUSDSupport and ResistanceTrend Analysis

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