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GBP/USD Bearish Breakdown with Downside Potential

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The GBPUSD chart indicates a bearish trend, with price breaking below a key ascending support line. This breakdown suggests a shift in momentum, favoring sellers. The price is currently trading below the Ichimoku cloud, which reinforces the bearish bias. A pullback to the broken support zone may offer a retest before further decline. The structure points toward lower lows, and the chart outlines two potential support levels where price may react. Continued downside is expected if the current resistance zone holds. Bearish continuation appears likely as long as price remains below the recent high and beneath the cloud.

Entry Sell: 1.33360
First Target point: 1.32250
Second Target point: 1.30000

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