GBPUSD Bearish Trend expected due to bank decision Hi traders what do you think about GBPUSD given suggestion in comments.
GBPUSD based on central bank decisions and technical indicators. If the price breaks below the current level, you're suggesting that the next key support levels would be 1.23008 and 1.21204, with a resistance zone at 1.24500.
It might be helpful to consider additional factors like any upcoming economic data releases, market sentiment, or broader geopolitical events that could further influence price action. Also, have you noticed any specific patterns or divergences in the indicators that are signalling this potential bearish wave?
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