We are currently looking for a small upside on GBPUSD. We want a retest of the trendline along with some bullish evidence. The bigger trend for now is a sell. So all Buys should be a short term or intraday.
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We have gotten to our zone. We will begin to look for bearish evidence or a bigger correction before we decide where this pair will go next.
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Please disregard above image.
We have gotten to our zone. We will begin to look for bearish evidence or a bigger correction before we decide where this pair will go next.
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Targets have been Achieved for this pair. A new chart will be posted once a new setup is identified but for now one more move is likely on this pair.