After GBPUSD experienced a price rejection from the trendline last week, coupled with a bearish engulfing candle, I anticipate the price to reach the support level at 1.20413. At that point, we may witness a price reversal, or if the support is broken, it could signal a bearish continuation down to 1.18159 support level.

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GBPUSDgbpusdshortSupply and DemandSupport and ResistanceTrend Lines

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