GBP/USD short trade based on the 4 hour closing candle:
- 4H close below previous support at the 1.6290 zone.
- 4H shooting star formation (almost a mini evening star) showing lack of momentum.
- 1D has placed a lower high and double top, together with the 8EMA flatting off.
- 1H showing a lower high and lower low, which indicates lack of buying momentum & rhythm.
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