As you can see, GBPUSD has fallen to retest a strong support line and it had a nice bounce, but bears has put enormous selling pressure and it doesn't look like this 2nd retest of the support level will hold. If PA can break this support level, I would expect to see a quick retest of the broken support level followed by a drop to the 272 level before bouncing and finally dropping to the lower support level.
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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.