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GBP/USD Technical Analysis: Bearish Bias as Price Approaches Key

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
πŸ“‰ The GBP/USD currency pair is currently showing a bearish bias as it approaches a key support level at 1.2100. πŸ“Š Technical analysis suggests that a pattern breakout may expose the key 1.2000 level, indicating further downside potential. πŸ’° Our trading opportunity is to sell at the current level of 1.2098, with a take profit target of 1.20421 and a stop loss at 1.22779.

Hashtags: #GBPUSD #TechnicalAnalysis #BearishBias #SupportLevel #TradingOpportunity #TakeProfit #StopLoss

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