JohnnyPurtoy98
Long

GBPUSD - retracement very likely

FX:GBPUSD   British Pound / U.S. Dollar
It is very likely that a retracement is going to take place soon with this currency pair, due to the overextended market conditions. I believe that the price would retrace to the 0.382 level on the Fibonacci retracement , this is also inline with the neckline of the double top that had formed before this bearish move.
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