GBPUSD Retest before continuing to the downside

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I anticipate price will retest (to at least) the recent ascending channel lower band breakout, before continuing to the downside.

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At Forexity: my trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations.

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