GBP/USD 123 Top still in place!

Hey Traders so in the last lesson I had metioned that GBP/USD has formed a 123 top formation. Although the market has started to climb back up as you can see it has still not taken out the 2 point. That means as long as the US Dollar uptrend continues this trade should work out. I still believe that the British Pound is still a great short opportunity.

Trade Well,


Clifford


All opinions expressed are for educational purposes and this is not a recommendation to buy or sell).
(Always use risk management before entering any trade).
(Past performance is not guaranteed for future results.)
britishpoundChart PatternscurrencytradingdowntrendForexTechnical IndicatorsshortTrend AnalysisDJ FXCM Index

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