GBPUSD broke and closed below a key daily structure support.
The broken structure turned into resistance now.
Taking into consideration that the pair is quite overbought on a daily,
it will most likely drop from that at least to 1.195 support.
Be prepared for a bearish continuation.
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✅Join My Telegram Channel: t.me/VasilyTrading
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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Related publications
Disclaimer
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.