namah

GU - critically placed

FX:GBPUSD   British Pound / U.S. Dollar
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3
a break of 1.2475-80, can be bearish for the pair - a move towards 1.2360. Else if it respects rising wedge , then back to 1.2550+ possible.
Comment: and post the break of 1.2475, we saw a drop to 1.2379 :)
CMP 1.2464, below 1.2475 is still bearish
Comment: ...and bearishness continues:)