GBPUSD, at a solid resistance

As shown in the chart, GBPUSD is in an extremely difficult resistance area. A trend line from October 2022 and the neckline of the previous head and shoulders pattern, as well as the Crossing 100 and 200 four-hour SMA are all forming this zone. The price is expected to react and fall toward 1.1853 and 1.179.

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