GBPUSD has fluctuated back from its highs, and short-term bears have the upper hand. At present, we can pay attention to the resistance near 1.2760. If the rebound encounters resistance, it is expected to continue lower. The support below will focus on the 1.2600-1.2633 area. When the market reaches around 1.2633, watch out for a potential bullish bat pattern.
Chart PatternsTrend Analysis

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