GBPUSD is in a retracement right now after a rally to the upside.
It struggled to break out back to the upside yesterday and has been bearish today, breaking multiple short term lows.
The bias for me today is bearish but keep in mind we are in an uptrend in the higher timeframes.
It struggled to break out back to the upside yesterday and has been bearish today, breaking multiple short term lows.
The bias for me today is bearish but keep in mind we are in an uptrend in the higher timeframes.
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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.