GBPUSD Strong sell approaching but know when to take it.

The GBPUSD pair is approaching the top (Lower Highs trend-line) of the long-term Triangle pattern, having also broken at the same time above the 0.618 Fibonacci. This is around the levels the pair started its previous topping process that led to the eventually Lower High of March 08 2024.

We will take the sell when the 1D MACD forms a Bearish Cross and we will target the Triangle's bottom (Higher Lows trend-line) at 1.2400.

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