The one - hour chart of GBPUSD indicates that the current price is 1.29750, with the market showing potential bearish sentiment. The 1.30000 level acts as a key resistance zone, with multiple support levels below. If the price fails to break through this resistance, a decline is likely.
GBPUSD
sell@1.29600-1.30000
tp:1.28500
Traders, if this concept fits your style or you have insights, comment! I'm keen to hear.
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