GBPUSD Potenial to Down Trend Momentum

10月23日

It sounds like you're observing a bearish setup in the GBP/USD (British Pound to US Dollar) currency pair, with the current price at 1.29200. You anticipate a downward movement toward the 1.28000 to 1.27500 range. If this setup plays out as expected, there could be further declines.

When trading this setup, consider key support levels, overall market sentiment, and any upcoming economic data releases that could impact the GBP or USD. Risk management is also essential to protect against sudden reversals or unexpected news

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