Analysis:
GBPPLN is currently in a bearish trend. As the price in at Fib retracement level 0.38, we can enter in a short trade. For this trade the stop loss will be at 5.28646 which is the previous lower high level.
------ Trade ------
Type: Short
Entry: 5.25754
Stop Loss: 5.28646
TP1: 5.22862
TP2: 5.19970
GBPPLN is currently in a bearish trend. As the price in at Fib retracement level 0.38, we can enter in a short trade. For this trade the stop loss will be at 5.28646 which is the previous lower high level.
------ Trade ------
Type: Short
Entry: 5.25754
Stop Loss: 5.28646
TP1: 5.22862
TP2: 5.19970