Good analysis and strategy, hope to help you!

Hello, dear traders
GBP/USD is currently in a bullish trend, characterized by higher highs and higher lows. However, price action forms a bearish divergence next to the rising wedge pattern, indicating a potential bearish reversal. The key level to watch is 1.26864, the previous higher low; A break below this point would signal bearish control, with a forecast decline of 0.93%. The recommended strategy is to sell when the price falls below this level and set a stop loss at the previous higher high to manage risk. .

The above suggestions are for reference only. I will keep the market analysis updated in my steering group.

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