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GBPUSD has not stopped with the current reduction

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Samson-FX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Technical Indicators GBPUSD options-strategy intradaytrade Forex Technical Analysis signals
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trendanalysis harmonicpatterns indicator gbpusd options-strategy intradaytrade forex technicalanalysis signals
Hello everyone! On the daily chart, the downward trend continues. After losing momentum from the level of 1.313 USD, GBPUSD is still on a decline. Additionally, market conditions seem unfavorable and with the tightening of Fed policies, GU has depreciated.

The next target for further decline can be seen at 1.2000 level, which is a strong psychological barrier.
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