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GBPUSD 1h Analysis August 11th, 2021

Short
FX:GBPUSD   British Pound / U.S. Dollar
If we look into the previous movement of the candle it has more volume to be bullish as we can see consecutive of bullish candles. But keep in mind we are still in a bearish market structure so it is having a correction or retrace to form a new LH. So we just need to wait for the retrace and look for confirmation to get in. But it could break the previous support and target the previous resistance.

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