The GBP/USD pair is currently hovering around the 1.2480 level. Following losses in the previous session, the analysis indicates a potential test near the 1.2500 level. Technical charts reveal a weakening bearish trend, hinting at possible upward movement. Traders should watch how the pair performs against broader market trends, especially with upcoming data releases. Thorough analysis will be vital for those looking to capitalize on potential movements.

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