Short of GBPUSD to around 1.456

Weekly chart
  • SMA downtrend

  • StochRSI and DirectionalMovement support downtrend


Expected T/P at 1.456

Daily Chart
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  • Price retreated from Daily 0.5 and warning line of Pitchfork

  • Directional movement and StochRSI support downtrend


Possible first price support and rebound at UML of Pitchfork. Whether price will reach 1.456 will depend if support is breached.

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