GBP/USD bearish reversal

Tiki
Tiki

Looks to me like GU is running out of upward momentum. Looks like higher prices around the 1.36178 area were rejected. The highlighted candle opened low, reached a level higher than the previous day but closed way below. If today's candle closes lower than yesterday's low
, I will be looking to enter short with the immediate target at 1.32634 and long term target at 1.27690.

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