GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 5H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.257 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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Note
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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