GBPUSD Under Pressure: Downtrend Confirmed or Correction Incoming? GBPUSD’s recent price action suggests continued weakness. This analysis examines the technical situation and explores potential scenarios for the currency pair. GBPUSD Stuck in Downtrend: Downside Target in Focus: Upside Scenario: Signs of a Correction? Resistance Levels to Consider: Overall Sentiment: The technical outlook for GBPUSD remains bearish in the short term. The price action …
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