#GBPUSD Present At Good Area For Sell

May 2

Once the #GBPUSD closes below 1.2480 on the hourly chart, keep an eye for a retest of this level. If there's rejection on the retest on the M5/M15 timeframe, consider initiating a sell position with a 30-pip stop loss and a target of 70 pips down to 1.2400. There's substantial trendline liquidity beneath these levels.

May 2

Note

#Update #GBPUSD Has Taken Liquidity From Our Marked Level Of 1.2482 And H1 Candle Failed To Close Below Our Sell Area And Moved Upside Hence This Setup is Not Valid.As We Had Suggested sell once H1 candle closes below 1.2480 Avoid trades During NFP Check Our Mark Levels That's Top Notch Analysis With Proper Levels .