At the moment, we are seeing how the pair is returning to the downward channel. Also we see a weakening of the upward impulse. The technical indicators point to short positions.

We believe that the pair will go down to the marks of 1.2590 1.2540 1.2485. Therefore, we advise you to look for points to enter short positions and consider the above levels as your goals.
Beyond Technical AnalysisForexfxGBPTechnical IndicatorsmarkettraderTrend AnalysisUSD

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