GBPUSD, NEW DIRECTION, POTENTIAL DOWNTREND
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Signs of a new downtrend on the lower time-frame are showing a potential drop to the 1.2400 price area. The potential setup remains valid below 1.2510 price area.
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
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