The GBPUSD price created a strong bearish candle with high momentum and broke through both a horizontal support level and a significant upward trend line, closing below them.
There is a possibility of a retest of these broken levels followed by further bearish movement. The next support level to watch for is at 1.2543.
There is a possibility of a retest of these broken levels followed by further bearish movement. The next support level to watch for is at 1.2543.
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