Hi traders,

Let's check out GBPUSD currency pair.

Attached is the chart of GBPUSD

Last week was a big fall in prices for GBPUSD according to this 4H chart.

Prices have retrace about 50% from the last fall.

For me GBPUSD is still bearish and might be in a range.

However I am in the view of a short fall again. So I am bearish for now.
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