GBPUSD: Price increase
Dear friends!
Today, GBPUSD has shown clear downward movements, indicating a decline. This is evidenced by the fact that the price has broken out of the uptrend channel at the time of writing, with the price trading around 1.2590, highlighting a 0.02% decrease.
Therefore, it is not surprising that we are quite optimistic that GBPUSD will continue to test support levels as mentioned on the H4 chart.
Today, GBPUSD has shown clear downward movements, indicating a decline. This is evidenced by the fact that the price has broken out of the uptrend channel at the time of writing, with the price trading around 1.2590, highlighting a 0.02% decrease.
Therefore, it is not surprising that we are quite optimistic that GBPUSD will continue to test support levels as mentioned on the H4 chart.
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