GBPUSD in bearish Breakout
GBPUSD was in a sideways phase after bearish divergence. Now, with a bearish breakout observed, we anticipate further downward movement in price. As a result, we plan to enter the trade after the formation of the first lower high (LH), possibly occurring at the Fibonacci level 0.618. Stop-loss and take-profit levels are indicated on the chart.
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