GBPUSD - CONSOLIDATION

Updated
Generally, the direction is the downtrend and consolidation between 1.3033 and 1.2436.

Uptrend Side: The uptrend will remain active if the price rises and stabilizes above 1.3033 with a 4H candle close, especially if it surpasses zones 1.3157 and 1.32060.

Downtrend Side: The price is trading below 1.3033, targeting 1.2934 and 1.2808. A break beneath these levels will intensify the bearish momentum.

Tendency Keys: 1.3033
Trade closed: target reached
REACHED FULL TARGET
Chart PatternsHarmonic PatternsTrend Analysis

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