GBP/USD Bearish Setup Analysis
GBP/USD appears poised for a bearish move, following signs of a completed corrective structure observed a few days ago. The pair had shown a temporary recovery, but recent price action suggests that this correction may now be over, increasing the likelihood of a larger decline.
While the exact catalyst for the move is still uncertain, the technical setup looks promising. This could potentially trigger a liquidity release, especially if key support levels are broken with momentum.
Key downside targets:
1.3400
1.3252
you may find more details in the chart P Support with like and comments for better analysis.
GBP/USD appears poised for a bearish move, following signs of a completed corrective structure observed a few days ago. The pair had shown a temporary recovery, but recent price action suggests that this correction may now be over, increasing the likelihood of a larger decline.
While the exact catalyst for the move is still uncertain, the technical setup looks promising. This could potentially trigger a liquidity release, especially if key support levels are broken with momentum.
Key downside targets:
1.3400
1.3252
you may find more details in the chart P Support with like and comments for better analysis.
Join My telegram Channel
t.me/+H8GlkRY1oZVkNTJk
Free Forex Signals
t.me/Asher_Trader01
t.me/+H8GlkRY1oZVkNTJk
Free Forex Signals
t.me/Asher_Trader01
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.
Join My telegram Channel
t.me/+H8GlkRY1oZVkNTJk
Free Forex Signals
t.me/Asher_Trader01
t.me/+H8GlkRY1oZVkNTJk
Free Forex Signals
t.me/Asher_Trader01
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.