GBPUSD Bearish

Hi Traders,

We have a bearish outlook with this pair. As per the graph, this pair broke our ascending trend line. We should now see a retest of this trend line and our Fibonacci levels which is an area of strong resistance. This pair is also within a strong weekly trend line which provides even more resistance. Also, we can see from the graph that RSI is currently bearish again confirming our bearish outlook of this pair.

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