Just entered this trade alongside the GBPCHF trade i just posted up.

Similar anaylsis n rationale as their both GBP pairs and it is correlated.

GBPUSD has been channeling the past few weeks and i believe that is finnally broken to the downside

Expected target is around 1.5370 giving over 150 pip target on the 4 hr chart
4hour4hranalysiscableDAYday-tradedaytradeday-tradingdaytradingdollarforecastForexfxGBPUSDintraintradaymoneyPIPpipspoundpriceactionPROprofessionalprofessionalismprofitprofitsprojectionsterlingtechnicalTechnical AnalysistechnicalsUSDJ FXCM IndexUSD (US Dollar)

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