#GBPUSD - H1
📣 Upon analyzing the 1-hour timeframe, with the breakdown of the downtrend at 1.2596, it is possible to initiate a buy position with a target of 1.2690.
⛔ Stop Loss: 1.2530
On the other hand, with a breakdown below the 1.2530 level, one can anticipate a price decline towards the 1.2450 range.
⛔ Stop Loss: 1.2596