The pair is trading around 1.32717 (Sell) and 1.32734 (Buy).

96
GBP/USD (British Pound / US Dollar) currency pair,



Key Elements in the Chart:
Current Price: The pair is trading around 1.32717 (Sell) and 1.32734 (Buy).

Marked “ENTRY ZONE”: This red zone spans approximately from 1.33152 to 1.32726, indicating a potential sell entry area.

Price Action: The chart shows a recent downward trend, followed by a consolidation phase near the entry zone.

Projected Path: The chart includes a speculative forecast with arrows pointing downward, suggesting a bearish bias. The path indicates potential pullbacks within the zone followed by continued downward movement.

Target Area: The price projection ends near 1.31228, likely serving as a take-profit or support zone.



This chart seems to reflect a technical analysis-based short trade setup, anticipating further downside from the current level after potential minor retracements.



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