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Every High Will Push GBPUSD To The Downside

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
forexcapitalpvtltd  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Wave Analysis Technical Indicators
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trendanalysis waveanalysis indicator
The GBPUSD pair shows sideways and tight trades since morning, and stochastic continues to lose the positive momentum gradually, no change to the bearish trend scenario that depends on the price stability below 1.2360, our next main target extends to 1.2060.

The expected trading range for today is between 1.2160 support and 1.2280 resistance.

The expected trend for today: Bearish
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