I think GBPUSD might retrace further and we could have a possible sell at 1.3897.
Comment
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As GBPUSD came down quite strong within the channel, there might be a long opportunity in the 1h time frame; entry at 1.3824, SL 1.3800, TP 1.3890. This idea is still valid I think.
Order cancelled
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The original setup not triggered. The price of GBPUSD is currently trading between 1.3850-1.3572. Although overall I am bearish on this pair I think it could possibly retrace back to the level of 1.3850 before it makes the further move.