📈 GBPUSD – Technical Analysis (4H Timeframe)
The pair is currently respecting an ascending channel, but price is reacting to a key resistance at 1.37600, indicating a potential short opportunity.
🔻 Sell Scenario:
If rejection holds, we could see a move toward the following technical targets:
📍 1st Target – 1.36000 (Demand Zone)
📍 2nd Target – 1.34000 (Demand Zone)
📍 3rd Target – 1.32500 (Bullish Order Block)
Stay sharp — structure remains bullish overall, but short-term corrections are in play!
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The pair is currently respecting an ascending channel, but price is reacting to a key resistance at 1.37600, indicating a potential short opportunity.
🔻 Sell Scenario:
If rejection holds, we could see a move toward the following technical targets:
📍 1st Target – 1.36000 (Demand Zone)
📍 2nd Target – 1.34000 (Demand Zone)
📍 3rd Target – 1.32500 (Bullish Order Block)
Stay sharp — structure remains bullish overall, but short-term corrections are in play!
---
📲 Like, Follow & Comment
💬 Drop your thoughts below & join us for more real-time trade setups and market insights!
#Forex #GBPUSD #PriceAction #TechnicalAnalysis #ForexSignals #LiviaTrades 😜
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Related publications
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.