GBPUSD trade idea 21/01 to 17/1

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GBPUSD this week continued its downward path,

I think it will have further decline this week after a short pull back so my plan is as follows .

On market open after observing ill enter a buy to 1.22607 area, this has shown to be a good support previously, then if it holds ill enter a sell expecting 130 pips on the downside and 50 pips from the upside.

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