GBPUSD Sell Setup
Pair is about to complete a triple cycle up. We can look for short setups near the 1.45 zone with bearish divergence on top.
Great risk:reward ratio here!
Protect last high created.
Target 1: 1.4370
target 2: 1.4280
On weekly chart a Triple Cycle has been completed. This is why it is preferred to look for long opportunities in the mid-short term.
There is a trend line from the bottom. If the pair reaches it and creates divergence near it we can try a long position.
Target 1: 86.00
Target 2: 86.80
Stop Loss: 10 pips below the trend line support area.
