OANDA:GBPUSD   British Pound / U.S. Dollar
#GBPUSD - H1

📣 Upon analyzing the 1-hour timeframe, with the breakdown of the downtrend at 1.2596, it is possible to initiate a buy position with a target of 1.2690.

⛔ Stop Loss: 1.2530

On the other hand, with a breakdown below the 1.2530 level, one can anticipate a price decline towards the 1.2450 range.

⛔ Stop Loss: 1.2596
Trade closed: target reached

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