💡The GBP/USD pair is moving within a descending price channel on the 4-hour frame, indicating a general bearish bias. Specific levels (R.1 for resistance and S.1 and S.2 for support) can offer trading opportunities. Buying may be appropriate when approaching support areas, while selling may be appropriate when approaching resistance areas. Monitoring the pivot point (P.P) area is important, as it may determine if there is a reversal in the trend.
⛔️Not investment advice, for educational purposes only
⛔️Not investment advice, for educational purposes only
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