Based on the provided analysis, the GBP/USD forecast for Monday suggests a potential bullish movement. The price is currently near a support level around 1.2900, and the chart indicates a possible bounce upward toward the 1.3000 resistance level. If the price holds above support, an uptrend could follow, making 1.3000 the next target. However, if the support breaks, further downside movement may occur.
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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.