GBPUSD seems to be completing its retracement and getting ready to take a dip towards 1.4200 level. It seems that the retracement will be completed around 1.4475 level and traders will look to sell GBPUSD around that level for initial target around 1.4275 level which can be further extended to 1.4175 level.
Recommended Trade Levels
Trade 1: Sell GBPUSD @ 1.4475
Trade 2: Sell GBPUSD @ 1.4575
Stop: 1.4625
Profit Target 1: 1.4275
Profit Target 2: 1.4175
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