GBP/USD: Bears Regain Control, Eyeing Key Support Levels
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GBP/USD
Higher timeframes
After retesting the zone of influence of the monthly level (1.2760), the bears resumed the decline, closing the previous day below the daily support of 1.2641. The next important level on the path of the bears is 1.2577 (daily medium-term trend + weekly short-term trend). Breaking beyond the mentioned boundaries can strengthen the winner's sentiment and bring about new prospects.
