π GBPUSD Price Forecast π GBPUSD GBPUSD has broken below the support level and is now trading in the selling zone after forming a golden crossover of the 200 EMA and 50 EMA. The pair is currently positioned in a supply zone, signaling a potential bearish move.
With volume increasing on selling pressure, the market is set to drop further once a strong bearish candle confirms the move.
π― Technical Target Levels: 1.2370, 1.2310, and 1.2130.
π Key Highlights: -Support level breakdown confirmed. -Golden crossover indicating bearish sentiment. -Strong selling pressure with rising volume. β Stay ahead of the market!
Like, comment, and follow for timely updates and accurate forecasts. Donβt miss the next big moveβletβs trade smarter together! π π’ Profit from precisionβjoin now for expert insights!
Trade active
GBPUSD trade is activated and successfully broke the resistance level earlier. However, it faced a trap and is now falling towards our target levels as expected! π₯
Key Insights:
β Resistance breakout confirmedβprice action validating the setup.
β Current pullback aligns perfectly with our target zone expectations.
Action Plan:
Stay calm, trust the setup, and keep holding your tradesβmomentum is in our favor! π
More updates coming soonβletβs stay focused and profit together! πΌ
Note
GBPUSD after berakout the zone it's a trap trade strategy ow formed a bearish candle it's a sign if falling..
Note
FIRST it have been trap then fall down towards our target levels TP1 & TP2 Successfully done and also tp2 level breakdown towards last target level...
Note
After done the reatrecement resistance level now it's falling....
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.