26 July 2016, GBP/USD
There is a high probability that the pair will resume impulse decline in the near future. Not to miss this movement, I recommended setting a pending Sell order on the local Low. This approach will protect you against upward rebounds. I am holding a Buy trade a small correction with a low Stop Loss, and if the price suddenly starts to bounce, my profit on this transaction will much exceed the potential loss, so I've no worries about it.
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