On the 4-hour chart, GBPUSD fluctuates downward, and bears have the advantage. At present, you can pay attention to the resistance near 1.2660. If you rebound from this position, you can try to go short. The lower target will be around 1.2500. If the price breaks through the resistance near 1.2712, it will turn into a bullish trend.
Chart PatternsTrend Analysis

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