GBPUSD Continuation of reversal

FX:GBPUSD   British Pound / U.S. Dollar
226 0 7
Daily candlestick pattern is warning about retrace here so chose your entries carefully. I am after 1.6300 and 4H TF shows possibilities ABCD completed and it is to expect retrace to 38.20 or even 50 Fib where the lip line is.
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