GBP/USD Trendline Breakout (Weekly Forecast Mar 3 - 7)

avant-hier

The GBP/USD Pair on the H2 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.

Target Levels:
1st Support – 1.2425
2nd Support – 1.2316

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