GBP/USD is moving to 15 months low 1.2595. GBP/USD as all Major currencies are going down against USD. Near 1.2595 can start a new middle term uptrend. At this moment it is too dangerous to open Long because the price most of the times continue the trend. That why I recommend to look for short entries on lower time frames M5 — M30.
DXY is overbought! GBPUSD is oversold!
GOOD LUCK and take entry according to your balance.
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