GBP/USD - Bearish Outlook: The currency pair is currently displaying a bearish trend, indicating a potential downward movement towards the support levels at 1.2348 and 1.2302. The price action suggests a bearish channel, highlighting the likelihood of continued downward momentum. Traders should monitor the market closely for potential bearish signals and consider appropriate risk management strategies. #GBPUSD #ForexAnalysis
GBP/USD - Bearish Outlook: The currency pair is currently displaying a bearish trend, indicating a potential downward movement towards the support levels at 1.2348 and 1.2302. The price action suggests a bearish channel, highlighting the likelihood of continued downward momentum. Traders should monitor the market closely for potential bearish signals and consider appropriate risk management strategies. #GBPUSD #ForexAnalysis