OraclePips

GBPUSD BIAS: SELL

Short
FX:GBPUSD   British Pound / U.S. Dollar
Currently, the GU selling pressure is still high and there is a high tendency that this bearish directional move could last till the end of this week before a reversal could start to surface. The price is respecting the minor resistance level in the H4 chart, and the current candlesticks are turning into a bearish engulfing candle. A short trade setup could be made the moment it closes.

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