Today I am bearish on GBP/USD. I found a fake breakout of yesterday high, which is clear sign that buyers lost confidence in upward price. Seems like that smart money preparing to sell today. There is also a broken upward trendline, which is another technical sign for the further downward price. My risk is around 45 pips and I am going for 200 pips profit.
TP at the price of 1.3055
"Buy on fear, sell on greed !!!