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Trader Journals:::2026-06-09T19:57:36

GBP/USD

GBP/USD

At the moment, the currency pair GBP/USD continues to move within a descending channel, indicating that sellers are in control. After an attempt to hold above the 1.34 level, a pullback has started. I expect the price of the currency pair to move in the range of 1.34 to 1.3360 in the near future. Currently, the 1.3360 level is the closest support, and if the price manages to break below this level, it could signal a potential move towards 1.3330, although a pullback could also occur. It is important to note that the price is currently above this point, with a bearish bias being the priority movement.
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