Trade plan on GBPUSD. Short the pair close to M3, ideal entry would be R1 but I’m not sure it’ll make it all the way back to R1. If it does, it might even go a bit above R1 to reach the channels top/make a new high, then I’ll add a short position from there.

This trade carries higher risk than usual with the UK election results due this week – so do not over trade the GBP pairs.

GBPUSD_6Jun_Short_Setup

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