Here the price has reached a psychological level of 1.29000 forming a rejection and looking at Elliote Wave we can see that is pointing down which means going for SHORT is needed and targeting profit should be around psychological level of 1.28000 and 1.27000 .
Chart PatternsgbpusdanalysisgbpusdforecastgbpusdshortgbpusdtradegnpusdanalysisHarmonic PatternsTrend Analysis

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