GBPUSD pair is position for a retest to 1.27225 in the short term.

However, we should expect a bounce of price to the upside and if the price closes above resistance zone @ 1.34175.
Then our next target will be to the upside @ 1.43098.

I am out of the market now until I see a retest of price and bounce to the upside above 1.27225. This will be my confirmation to go long.

Thanks.
Chart PatternsGBPUSDlong-termmarketTrend Analysis

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