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Here is the top-down analysis for GBPUSD!
GBPUSD is approaching a strong area, a historical resistance with combination of a falling bearish trend. Here we go, a trendline forming on h1 timeframe waiting for a new swing low to form to sell on its break downward, otherwise gbpusd will stay bullish for a short term perspective and price can still dive inside resistance zone before going down!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.