The short-term trend of the pound is bearish
The GBPUSD continues to decline and the British pound is short against the US dollar. A 100% Fibonacci rating of 1,2655 is the next target of the market.
In the eyes of buyers, if the resistance of 1,2861 is broken, the GBPUSD market will be neutralized (range).
* Technical H4 analysis of GBPUSD
* Technical daily analysis of GBPUSD
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