I'm currently short on GBP/USD because the 1-hour trend is clearly bearish. The price had been consolidating within a range, but it has now broken both the support level and the lower channel with a strong bearish candle, indicating a potential continuation of the downtrend
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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.