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The GBP/USD currency pair is currently exhibiting a downward trend, reinforcing the bearish outlook for today. The initial target is $1.3124, with a potential further decline to $1.3036 if this level is breached.
Maintaining a price below $1.3235 is crucial for sustaining the expected decline. A rise above this level would halt the bearish correction and could lead to an upward movement.
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Today’s anticipated trading range is between $1.3125 and $1.3275.
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Trend Forecast: Bearish
