There are 3 possible scenarios for GBPUSD in 4h chart. It is in bearish trend for certain time without any valid retracements upwards and didnt try to break trendline also.
1) Can consolidate in the region of 1.4300's to 1.4200's
2) Can expect a small reversal upwards breaking trendline as it was bearish for certain time
3) Can break the support region and move downwards to 1.3700's
Keep this in consideration and whichever scenario works, check your plan and Decide Your Game.
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Have a Good Trading Week Ahead !
1) Can consolidate in the region of 1.4300's to 1.4200's
2) Can expect a small reversal upwards breaking trendline as it was bearish for certain time
3) Can break the support region and move downwards to 1.3700's
Keep this in consideration and whichever scenario works, check your plan and Decide Your Game.
Hit Thumbs Up for Likes...
Share/Comment Your views...
Have a Good Trading Week Ahead !
