If we look at higher timeframe, GBPUSD most likely to continuing bearish market to 1.37. It's continuing wave 5 of elliot wave after wave 4 is formed.
Note
Seems like wave 4 is not fully formed
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Disclaimer
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.