TRADE SETUP ALERT
GBPUSD Setup
We now have a clear break of the bullish trendline with the monthly pivot level at 1.286 also coinciding with the Fibonacci 61.8 retracement level. This could offer traders a decent short opportunity should price break below the Weekly pivot level at 1.300 (Entry). For a proper Risk:Reward setup place stops above the diagonal trendline at 1.306