GBPUSD: Buyers Are Starting to Regain Control

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GBPUSD surged higher with strong momentum, but instead of extending immediately, the market began to cool off. What followed was a controlled pullback that gradually evolved into a bearish flag, a pattern often associated with trend continuation rather than reversal.

Buyers are now testing the upper boundary of that flag. A confirmed breakout would suggest the correction is complete and could open the door for another move toward 1.35700.

Penafian

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