Short here?

Jul 24

Bias for GBPUSD remains bearish. My previous trade closed at breakeven, and now it is showing signs of rejection at the current level. RSI also shows a divergence. I will enter a short here with stop above the previous lower high. We should see price fail to make a higher high and make lower lows

Jul 25

Trade active

SL moved to breakeven

Jul 25

Trade closed: target reached

TP hit for a 200% return. I am expecting further decline down to the 1.285 level

Jul 26

Note

1.285 hit