On Monday, GBPUSD continued its downward movement to 1.36640. I still stand with the same setup i had as of yesterday. Its currently in a consolidation box and in confluence with my minor trendline. I expect price to retest that minor trendline and break below the consolidation box to continue the downside movement to -27.00% Fib level. A reduced risk entry would be at the break of the consolidation box.
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