Since both our analyses on AUDUSD and EURUSD are bearish, we aren't surprised to see bearish activity on GBPUSD as well. Base off of drawing a standard deviation from high time frames into the H4 time frame where we plan to execute our trades, we can clearly see opportunities for bears to continue to enter and exit on this pair. Drawing a fib off the H4 from high to low, we can see that price may open near the 38.2 level of the fib, which means we can expect to exit/take profit around the 161.8 level of that fib. Let's see what this last week of September brings to us.
Bearish PatternsbearmarketFibonacciGBPGBPUSDMultiple Time Frame AnalysisSELLsellsetupSupport and ResistanceUSD

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