GU - critically placed

a break of 1.2475-80, can be bearish for the pair - a move towards 1.2360. Else if it respects rising wedge, then back to 1.2550+ possible.

Note

and post the break of 1.2475, we saw a drop to 1.2379 :)
CMP 1.2464, below 1.2475 is still bearish

Note

...and bearishness continues:)

namah

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