According to GBPUSD's break below the 1.40000 Key level and its dominant Daily uptrend since last year March, it might look to tank further with continuous formation of Lower Highs. The market is now awaiting a close below 1.37500 Support and key level, and a test of the market structure low around 1.36850. There is also a Intraweek downtrend (Purple trendline channel), so continued fluctuation within may occur before a dominant breakout, in respect to market structure. Thank you for tuning in!
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