GBPUSD Analysis

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GBPUSD Analysis


📉 GBPUSD Analysis: The Downtrend Continues!


The prediction for GBPUSD indicates a tendency for further declines as the USD continues to strengthen, despite a previous brief rise in the Pound Sterling. The swing high pattern and candlestick confirmation reinforce the signal that the bearish trend is likely to persist in the near term.


Trading Recommendation:

🔻 Sell GBPUSD


Entry: 1.25450

Take Profit 1: 1.25050

Take Profit 2: 1.24650

Stop Loss: 1.25950

📌 Disclaimer: Forex trading carries high risks. Ensure you understand the risks before engaging in any transactions.

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