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Trade Signal Description:
Strategy : FXNova
Symbols : GBPUSD
Type : Sell
Enter : 1.3470
Stop Lost : 1.3490
Target A : 1.3425
Target B : 1.3405
Target C :
Risk : Medium
Description : GBP/USD remains bearish below 1.3470, targeting 1.3425 and 1.3405 as resistance caps intraday upside.

GBP/USD Intraday Signal: Watch 1.3425

Analysis:

GBP/USD remains under intraday pressure while capped below the pivot resistance at 1.3470. As long as price trades beneath this level, the bearish bias persists, with immediate focus on 1.3425, followed by the extended downside objective at 1.3405. The inability to reclaim resistance reinforces the short-term negative structure.

A decisive break below 1.3425 would confirm renewed selling momentum and accelerate the decline toward 1.3405, signaling continuation of the bearish intraday leg. Upside attempts are likely to remain corrective while 1.3470 caps price action.

Alternatively, a sustained move above 1.3470 would neutralize the bearish scenario and expose higher resistance levels at 1.3490 and 1.3515, suggesting a potential short-term recovery.

Trade Setup:

Enter: Short below 1.3470
Stop-Loss (SL): 1.3490
Target A: 1.3425
Target B: 1.3405

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At FastPip, we provide trading signals based on a variety of proven strategies. Each signal reflects the logic and indicators of a specific strategy — giving you a transparent view of market conditions and potential opportunities.

Our signals typically include up to three Take Profit (TP) levels. Here’s how to manage them effectively:

  • Once the price approaches TP1, move your Stop Loss (SL) to the entry point to make the trade risk-free, and adjust your TP to the second target.
  • When TP2 is reached, update your SL to the first TP level, and set your TP to the third target, if available.
  • If TP3 is the final target, close the trade entirely once it’s hit.
  • Alternatively, you may partially close the trade at each TP and let the remaining position run until the final TP.

Each signal also includes a risk level:
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🔸 Medium – Standard volatility
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Important: When a signal is labeled as High Risk, it may be due to upcoming economic news or increased market volatility. In such cases, it’s strongly recommended to reduce your position

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Trading in financial markets involves significant risk, and past performance is not a guarantee of future results. You are solely responsible for any trading decisions you make based on our signals.

It is essential to:

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