GBPUSD is continuously making LH, LL. Earlier, the daily and 4H timeframe made divergence, followed by a flat top divergence after which this bearish trend started. It has formed a bearish channel that is still valid. A key support area is found around 1.26105.
Trade plan: Place a sell stop order when LL breaks Stop Loss: 1.29984 Sell Stop : 1.29035 TP1: 1.2809 TP2: 1.2714 Start with a minimal position and add after channel confirmation.
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