GBP/USD prices have decreased during recent trading sessions, breaking through very important levels and closing below them. Currently, if the price stays below the broken uptrend intersection levels and the resistance level at 1.2505 and remains below it, there will be a strong opportunity to sell with targets reaching 1.2450 as the first target. However, if it breaks through and closes above it, then the likelihood of a rise will increase.
Technical analysis of GBP/USD
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