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July 24, 2025

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GBPUSD: Trend Breakout

GBPUSD, H2

GBPUSDH2.png

On the H2, GBPUSD after a small rise broke the trend line and fell towards MA200. MACD confirms the possibility of a fall, and Chaikin also fell below 0.

  • A fall below MA200 and 1.3530 will drop the price to 1.3470;
  • A bounce from support will bring GBPUSD back to 1.3585.

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Egor Schmidt

Author: Egor Schmidt

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