Since GBP/USD is far from any levels, I think the downward trend is going to continue. It's probably safe to short with stop at 1.2920, tp at 1.2840 or at least move stop into profit zone when you reach 1.2840 because we can bounce back up. I'm also thinking whether to short GBP against only dollar or the entire basket, I guess we'll see on monday asian session.
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