On the 4-hour chart, GBPUSD has stabilized and rebounded, with bulls currently in control in the short term. Attention should be paid to the area around 1.3636, a potential shorting entry point for a bearish bat pattern, which also falls within the previous supply zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.