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Trend analysis (Fig. 1).
The pound-dollar pair may move downward from the level of 1.2335 (closing of yesterday's daily candle) to the 1.2210 support level (thick blue line). In the case of testing this level, the price may move up.
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion:
Today, the price may move downward from the level of 1.2335 (closing of yesterday's daily candle) to the 1.2210 support level (thick blue line). In the case of testing this level, the price may move up.
Alternatively, the price may move downward from the level of 1.2335 (closing of yesterday's daily candle) to 1.2275, the 13-period EMA (thin yellow line). In the case of testing this level, the price may move up.
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