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GBP/USD broke through a support at 2024-10-16T08:00:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 1.2969.

The last 6 1 hour candles on GBP/USD formed a Channel Up pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 1.2969.

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