Hello everyone! On the daily chart, the downward trend continues. After losing momentum from the level of 1.313 USD, GBPUSD is still on a decline. Additionally, market conditions seem unfavorable and with the tightening of Fed policies, GU has depreciated.
The next target for further decline can be seen at 1.2000 level, which is a strong psychological barrier.
The next target for further decline can be seen at 1.2000 level, which is a strong psychological barrier.
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