GBP/USD Sell Setup Incoming!!

Updated
we can clearly see a nice formation of a bearish structure on the monthly timeframe which is consistent with the weekly structure

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we also a key monumental shift on the EMA crossover and the price is now below the trendline

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So as the DXY (Dollar index) continue to rise we shall see GBPUSD continue lower and currently we have multiple confirmation in higher structure confirming the probability setup

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Use proper risk management!!

stop loss anywhere at 1.29000 level seem okey!!

target 1.21500

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sell now

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Chart PatternsdollarDXYGBPUSDHarmonic PatternspoundTrend Analysis

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