British Pound / U.S. Dollar
Short
Updated

GBPUSD

8796
Hello Traders! 👋
What are your thoughts on GBPUSD?
In the GBPUSD chart, it is observed that after breaking the support zone, the price is currently in a correction phase and pulling back towards the broken zone.
Considering the price structure and the descending trendline, it is expected that after reaching the identified resistance area, the price will resume its downward movement and target lower levels.
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