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Trader Journals:::2026-06-12T01:27:30

GBP/USD

GBP/USD

At the moment, the currency pair GBP/USD continues to move within a descending channel, indicating that sellers are still in control. After an attempt to hold below the level of 1.3325, a pullback has started. I expect that in the near future, the price for the currency pair will move in a range of approximately 1.3320 to 1.3340. Currently, the level of 1.3320 is the closest support, and if the price manages to break below this level, it could signal a potential move towards 1.3280, although a pullback could also occur. It is important to note that the price is currently above this point, with a bearish movement being the priority.
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