GBPUSD price has been consistently respecting a trend channel and it's currently on the 3rd retest which is our point of interest. Base on trend analysis and market history the 3rd test of a consistent trendline is a point of interest for most trader, in this case most swing trader will be looking for sell opportunity in the present price level and we will be looking to join the opportunity
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.