On the GBPUSD daily chart, we can see that the pair is testing the downtrend Pitchfork channel line after the yesterday bullish daily candle. The daily close above this level is required for the uptrend reversal. Since we have a market range structure at the moment, we could also see the range move lower targeting 1.3250.
Note: look for the short intraday trades with the SL just above the 1.3400 level.
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