GBP/USD | Bearish run continues (READ THE CAPTION)

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GBP/USD | Bearish run continues (READ THE CAPTION)GBP/USDOANDA:GBPUSDAmirAliTradingBy examining the Daily chart of GBPUSD we can see that after reaching the low of 1.3218, just below the Daily FVG, it recovered a bit, going as high as 1.3374 before dropping back into the Daily FVG, and currently it's being traded at 1.3280. Currently, the bearish run seems intact and no indication of stopping for now. GBPUSD is being traded just above the March 16th NWOG, and if it closes below the Midpoint of the Daily FVG at 1.3272 (the Consequent Encroachment of the gap), further drop is expected for it to go below the 1.3218 level to sweep the liquidity there. Furthermore, if GBPUSD manages to stay above the 1.3190 level after liquidity sweep, it can go back to retest the March 16th NWOG as well as the daily FVG. However, if it fails to stabilize above that level, it may go as low as 1.3124!