Shivam_93
Short

GBP/USD Short Setup

FX:GBPUSD   British Pound / U.S. Dollar
RSI bearish divergence illustrates price exhaustion, bearish reversal.
Strong resistance around 1.3000 psychological level .
Rejected 50 EMA on the daily timeframe .
Consolidation of price since reaching this upper end of the downwards parallel channel .
100 pips target 50 pips stop.
1:2 risk/reward.
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