GBPUSD below the support 1.27000. Breakout downtrend possible
I would advise the traders to wait for the confirmation candle before entering this trade. A lot of traders are already noticing that it is now having a formation for the reversal however, it still sits below 1.27000. Do not gamble.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.