GBPUSD is retesting the which it broke previously if it's in mode on hourly this resistance will act as point of reversal to downward move. So we are expecting to enter short in GBPUSD only on break of . Sometimes false breakout happens, part of the game. If you are an aggressive trader out there hourly candles are facing higher price rejection at the so that you can enter, but aggressive means higher risk in trade.
Check your risk n reward before initiating any position. I have marked targets at half-way bcos I have planned to book partial positions profit little earlier.
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