GBP/USD: Short about to rollover

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GBP/USD: Short about to rollover

> Price at upper end of overarching bearish trendchannel
> Break of inner bullish trend to the downside
> LL-LH-Sequence
> POC above current price
> General USD-strength ahead of NFP on Friday

Generell USD strength after strong ISM data. Short move likely. Only event risk: NFP on Friday.

As always: Manage your risk, especially during the summer months.

Meikel & Team WSI

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