GBPUSD Potential for Bearish Continuation

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GBPUSD Potential for Bearish Continuation


Looking at the H4 chart, my overall bias for GBPUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 1.21260, to clear the liquidity and where the 38.2% Fibonacci line is.

Stop loss will be at 1.22419, where the 61.8% Fibonacci line is. Take profit will be at 1.19002, where the previous swing low and liquidity hotspots are. #OPINIONLEADER#

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