GBPUSD SHORT TRADE AFTER US NEWS
On GBPUSD, we have a bearish setup after the US data. My trade was opened after the price validated the value gap around 1.2618 with a small spike. Now, I expect the price to drop to 1.2560, where we have an interesting zone on the H4 chart for a possible trend reversal. Everything will be postponed until tomorrow morning when the UK data will be released. It would be fantastic if you could share your opinion and leave a like to support our work. Greetings from Nicola, CEO of Forex48 Trading Academy.
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