GBP/USD Technical Analysis.

FX:GBPUSD   British Pound / U.S. Dollar
Currently, GBP/USD is trading at 1.2281. The pair started a new down trend on 4th May after breaking support level at 1.2484. The price has already hit the first target at 1.2305 and it is moving towards its second target at 1.2186. If the price breaks the support level at 1.2268 then it may hit the second target very soon.

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