There are only three reasons for retracting a bid and if you retract for the wrong reasons then you can be reported
See the link to the information
https://pages.ebay.co.uk/help/buy/bidding-overview.html
https://pages.ebay.co.uk/help/policies/invalid-bid-retraction.html
Bid retractions can be seen on your account
If you are not sure then dont bid as it ruins a sellers listing
