GBPUSD SHORT IDEA
GBPUSD is currently at its 0.78 Fib level on a daily timeframe and forming a bearish divergence at the 1-hour mark. After observing a Break of Structure (BOS), we will enter a short position at the 0.5 fib retracement with a stop loss at a recent high, targeting a 1:2 risk-reward ratio.
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