#GBPUSD
In the 1D timeframe, GBPUSD has broken out of bullish and has completed retest so now the trend is bearish in long term.
While we are looking at the H1 timeframe market has fallen from strong support after that has formed an ascending correction. So it is confirmed market will go for sell up to the next support level.
Note: Analysis is just for educational purposes, not financial advice.
In the 1D timeframe, GBPUSD has broken out of bullish and has completed retest so now the trend is bearish in long term.
While we are looking at the H1 timeframe market has fallen from strong support after that has formed an ascending correction. So it is confirmed market will go for sell up to the next support level.
Note: Analysis is just for educational purposes, not financial advice.
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