Hi traders:

We are also seeing GBP pairs continue to get weaken, and more downside opportunities are shaping up on GBPUSD.

From my previous GBPUSD forecast, price indeed formed a reversal correction, and a bearish impulse phase pushing the price down.

After, price has consolidated again, this is a good signs of continuation price action once the correction completes.

Watch for more downside setup to the previous lows.

Thank you

DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
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Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

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