GBPUSD, NEW DIRECTION, POTENTIAL DOWNTREND

Having retraced on the lower time frame, the potential of a continuation to the down side is possible where price may drop to around the 1.2470 price area. The potential setup remains valid below 1.2560 price area.

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Kommentera:

The market is closing for the weekend very soon. Will be holding off on the potential setup until Monday morning, where we will review the setup once again to see if the potential is still there. Untill then, have a great weekend.