📝 Description 
GBPUSD
GBP/USD is currently trading below the resistance zone after failing to hold recent bullish momentum. With USD Core PCE Price Index and Michigan Consumer Sentiment releasing today, the pair may see increased volatility, potentially pushing the price lower if USD strengthens.
A rejection from the resistance zone combined with weakening intraday structure suggests a possible bearish continuation toward support levels.
📌 Key Support & Resistance Levels
🔺 Resistance Zone: 1.3359 – 1.3386
🟥 1st Support: 1.3269
🟥 2nd Support: 1.3228
⚠️ Fundamentals Today
1️⃣ USD – Core PCE Price Index (High Impact)
2️⃣ USD – Michigan Consumer Sentiment (High Impact)
#GBPUSD #ForexAnalysis #PriceAction #Fundamentals #USDNews #TechnicalAnalysis #TradingPlan #ChartAnalysis #FXTrading #TradingView #Kabhi_TA_Trading
⚠️ Disclaimer
This chart is for educational purposes only, not financial advice.
Always use stop-loss and manage position size according to your risk tolerance.
👍 Support the Analysis❤️ Please LIKE💬 Drop a COMMENT
🔁 SHARE if you found this helpful!
GBPUSD GBP/USD is currently trading below the resistance zone after failing to hold recent bullish momentum. With USD Core PCE Price Index and Michigan Consumer Sentiment releasing today, the pair may see increased volatility, potentially pushing the price lower if USD strengthens.
A rejection from the resistance zone combined with weakening intraday structure suggests a possible bearish continuation toward support levels.
📌 Key Support & Resistance Levels
🔺 Resistance Zone: 1.3359 – 1.3386
🟥 1st Support: 1.3269
🟥 2nd Support: 1.3228
⚠️ Fundamentals Today
1️⃣ USD – Core PCE Price Index (High Impact)
2️⃣ USD – Michigan Consumer Sentiment (High Impact)
#GBPUSD #ForexAnalysis #PriceAction #Fundamentals #USDNews #TechnicalAnalysis #TradingPlan #ChartAnalysis #FXTrading #TradingView #Kabhi_TA_Trading
⚠️ Disclaimer
This chart is for educational purposes only, not financial advice.
Always use stop-loss and manage position size according to your risk tolerance.
👍 Support the Analysis❤️ Please LIKE💬 Drop a COMMENT
🔁 SHARE if you found this helpful!
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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.
✅Free Telegram Channel: telegram.me/kabhifx
✏️Text Me @ telegram.me/kabhidhan
✏️Text Me @ telegram.me/kabhidhan
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.