I believe as all GBP pairs this has retraced up and NZD weakness has helped it for more fast recovery. though next pending wave 5 would be towards 1.50.
So find good Stop loss and short it at good price levels.
Trade your own plan
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still doing sideways.
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Nice Drop
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Careful here, don’t open new short. let consolidation get over.
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Almost 8% gains on trade. book 25% profits. look for small upside.
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lets retrace upside before another fall.
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Look for new sell setups
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Unexpected deep retrace. I am still looking for sell setups