GBPUSD today had no clear direction without violating the most recent ascending trendline of 4H formation.
However, it has not broken up the descending one.

I see a triangle formation.

Between the weekly supply and demand zones. The price can go eitherways. My view about possible break and retests.

Important note: the gap has not been covered yet. Big amount of money trapped there, so it may go down there to release the capital and then rally back up.


GL!
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