GBPUSD 4H SHORT TRADE

Pair has not created a new high
Macd is below Red signal so bearish bias trade
800 sma is creating a resistance level
Price may re-test 800 sma - expect failure and price to continue bearish bias

Short Trade
Sell Stop @ 1.2829
1st Sell Take Profit @ 1.2799
2nd Sell Take Profit @ 1.2770
3rd Sell Take Profit @ 1.2736
Take 1/3 profit at 1st and 2nd TP levels
Close trade is Mace goes above Red signal line

SL above closest fractal high