GBPUSD risks when touching the channel

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Dear friends, GBPUSD is showing a noteworthy recovery, but the downward trend is still considered strong as it approaches the lower limit of the descending channel. The target for this decline is set at 1.2000. What are your thoughts? Do you agree with me?
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ForexGBPUSDHarmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalsTechnical AnalysisTrend Analysis

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