Technical analysis of GBP/USD for July 30, 2015

From H1 chart we can see this pair on uptrend, but currently if we follow this chart then we can see this is currently on the downtrend and also currently it standing below of daily pivot level, so that we should wait until touching daily 1st support level, if today it touch this level then we can enter on the short position, otherwise we can still keep our trade on long position.

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