GBPUSD: Short at the retracement

Hi traders,

On the GBPUSD we started the day with an impulsive bearish move. We should now expect a retracement towards the 50% and 61.8% Fibonacci retracement of the top and the bottom.
Entry: 1.24646
Stop: 1.24925
Target: 1.23878 = R:RR 2.75

Cheers

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