GBPUSD, NEW DIRECTION, POTENTIAL DOWNTREND
Updated
Signs of a new downtrend have been identified showing the possibility of price dropping to around the 1.2130 price area. The potential setup remains valid below the 1.2250 price area.
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Like/comment/follow to get notification updates on this and other ideas.
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
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