GBPUSD H1 Analysis

The GBPUSD chart has bounced off a major resistance level and is starting to create lower highs and lower lows. Thus, we're looking at a switch of trend: a downward one. Hence, the trade would be executed as follows:
GBPUSD
SELL: 1.30800
SL: 1.31300
TP1: 1.30300
TP2: 1.29800
Trend Analysis

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