GBPUSD failed to settle above the very important blue support line. Therefore, in order to continue the upward trend, it must be changed to the correction process of the running flat pattern. Otherwise it will drop into the weekly demand zone, this pattern will be a very bad case and will most likely test the bottom as that blue line continues to act as resistance.
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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.