Short

simple short setup

GBPUSD reached to previous key support level it's reasonable to think it will retrace a little bit. RSI on 1H, 2H are over sold, 4H is reach to the point but with 1D RSI still bearish.

Entry: 1.37447

SL: above 4H 50MA

TP: 0.5 fib of yesterday's gain.

GL
FibonacciGBPUSDgbpusdshortSupport and Resistance

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