Cable retracement before Short

FX:GBPUSD   British Pound / U.S. Dollar
We are clearly in a bear market.
All fundamentals are bearish , however we do have some over extension after a major sell off from areas as high as $1.31 to $1.276.

Hence, a small retracement may be in order before the best possible price shows itself, which is when the bears will enter shorts.


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