The GBPUSD chart indicates a bearish trend, with price breaking below a key ascending support line. This breakdown suggests a shift in momentum, favoring sellers. The price is currently trading below the Ichimoku cloud, which reinforces the bearish bias. A pullback to the broken support zone may offer a retest before further decline. The structure points toward lower lows, and the chart outlines two potential support levels where price may react. Continued downside is expected if the current resistance zone holds. Bearish continuation appears likely as long as price remains below the recent high and beneath the cloud.
Entry Sell: 1.33360
First Target point: 1.32250
Second Target point: 1.30000
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Entry Sell: 1.33360
First Target point: 1.32250
Second Target point: 1.30000
If you found this analysis helpful, don’t forget to drop a like and comment. Your support keeps quality ideas flowing—let’s grow and win together! 💪📈
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join telegram channel free ..
t.me/GoldMan0009
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
t.me/GoldMan0009
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.