Hello! Today, GBPUSD is once again experiencing another day of losses, clearly indicating a downward trend within a stable price channel. The pair has yet to show any signs of a breakthrough.
Currently trading at 1.256, GBPUSD continues to operate below the EMA 34 and 89 lines, providing more selling opportunities around this pair. As long as the downtrend channel remains intact, the prospect of a price decline for GBPUSD remains a prioritized strategy.
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