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News / Technical Analysis / GBPUSD is below 1.2720, supporting a #bearish trend

GBPUSD is below 1.2720, supporting a #bearish trend

Published: 18.12.2023 by Noirbull
GBPUSD is below 1.2720, supporting a #bearish trend. Negative catalysts are awaited for a potential move to 1.2590.

A breach and sustained hold above 1.2720 could reverse the downward trend.
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