Short

GBPUSD H4 - Short Signal on H4 close

GBPUSD H4 - Here is the slightly lower timeframe analysis we would be considering, just like the EURUSD short we took yesterday, the price action close on a key retest/zone after buyer exhaustion, no doubt you can see the slowdown in bullishness as we approach this 1.21 handle, a close on the H4 in 30 minutes would be the typical sell signal. Caught with a sequence of bad luck yesterday, technical play unfolded well, but the fundamental momentum took us out.

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