Potential GBPUSD Selling Opportunity from Inside Bar

Chart in Focus: GBPUSD Daily Chart In our recent GBPUSD September 22nd commentary , we discussed the potential for the market to fall lower following the large bearish tailed rejection bar from September 19th. We can see that today, price formed an inside bar pattern , providing perhaps another selling opportunity if price breaks down from this setup, potentially resuming the previous downtrend. Note that anyone who entered short near 1.6390 – 1.6400 as we initially discussed in that September



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