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GBPUSD 26.1.2023
Main trend:
Bearish.
Expected scenario:
The pair is trading below a strong resistance level 1.2450. Therefore, we are bearish as long as the pair is trading below it with targets: 1.2100.
Alternative scenario:
The scenario fails if the level of 1.2450 is broken with targets: 1.2650.
The most important levels
Resistance:
1.2450 – 1.2650
Support:
1.2100 – 1.1900
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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