OANDA:GBPUSD   British Pound / U.S. Dollar
The market is in a clear downward trend on 4hr however a ranging market for about 8hrs. This indicates a strong area of resistance and there might be reversal. However, we should wait for price to break on either side of the market to make good entries.
Check for break and retest or double top and double bottom on 1hr TF.
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