If you placed an auto bid on an auction item and would like to raise or lower the bid amount, follow these steps.
Step 1) Inside your admin area under My Bid History, you will see a column for “Auto Bid”. This column lists all the Auto Bid amounts you placed on items. Click on the Pencil icon to edit.
Step 2) In the “Update Auction Bid Amount” pop up, enter the new auto bid an hit “Update”.