GBP/USD Trade setup.

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Price on the daily timeframe has provided a double top trade pattern but price failed to breakout the neckline and continue the bearish descend. Price currently in H1 shows a bullish channel with completed highs and lows.
We'll wait for a reversal of price on the support level identified or continued completion of a new low.
Trade geschlossen: Ziel wurde erreicht
Entry taken from the support level breakout. Price reached the 1.2232 take profit.

Re-analysis to follow.
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