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The GBP/USD pair resumes its decline after a brief rise earlier in the day, maintaining the bearish trend scenario. This trend remains valid as long as the price stays below $1.2735, with the EMA50 providing additional negative pressure.
The next anticipated target is $1.2566, serving as the primary bearish station.
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Expected Trading Range:
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Support: $1.2600
Resistance: $1.2750
Trend Forecast: Bearish
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