GBPUSD has been in a major downtrend and as price heads to retest the upper channel, we may see price try to push out of the downtrend. we will continue to monitor price to see if any reversal or continuation patterns occur and once price has chose a certain direction and has retested, we may start looking for point of entries on lower timeframes to the direction which price has went to. ill give you guys an update around the end of the week.
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