GBPUSD - AB = CD Bearish Pattern on Daily Time frame

The GBP/USD pair has formed a bearish AB=CD pattern on the daily chart, signaling a potential trend reversal. After completing the C-leg retracement, price is expected to decline towards the D-point, aligning with key support levels. A confirmed rejection at resistance strengthens the bearish outlook,

Stop loss: 1.2823
Profit targets: 1.2150 and 1.1814.

This ABCD pattern strengthens the bearish trade setup, providing a structured approach to targeting downside price levels. 📉🚀