GBP/USD: a crucial sniper zone that bears should have eyes on

As it can clearly be inferred from the DAILY timeframe graph of GBP/USD, the price is approaching a major level of resistance that it can possibly reject.

We will keep monitoring the price development around that zone and enter short positions upon confirmations.
ForexforextradingGBPUSDinvestroyParallel ChannelparallelchannelspriceactionSupport and ResistanceTechnical AnalysisTrend Analysis

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