This GBP/USD 1-hour chart presents a bearish trade setup

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This GBP/USD 1-hour chart presents a bearish trade setup:

Entry: Near resistance at 1.26814

Stop Loss: 1.27096 (above the resistance zone)

Take Profit Levels:

First Target: 1.26710

Final Target: 1.26124 (near key support)



The analysis anticipates a rejection from resistance, leading to a downward movement toward the target levels.

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