GBPUSD (1H chart)_pattern.
From my chart, price has broken down from the consolidation zone with a strong bearish impulse, so bias remains bearish while below resistance.
🎯 Downside Targets
Target 1: 1.3385 – 1.3370 (near-term support)
Target 2: 1.3355 – 1.3340 ✅ (my marked target area)
Extended Target: 1.3300 – 1.3285 (only if selling pressure continues)
⛔ Resistance / Invalidation
Resistance zone: 1.3440 – 1.3460
Bearish view weakens if 1H closes above 1.3460
📊 Structure
Lower highs & lower lows
Price below cloud / key support
Momentum favors sell on pullback.
From my chart, price has broken down from the consolidation zone with a strong bearish impulse, so bias remains bearish while below resistance.
🎯 Downside Targets
Target 1: 1.3385 – 1.3370 (near-term support)
Target 2: 1.3355 – 1.3340 ✅ (my marked target area)
Extended Target: 1.3300 – 1.3285 (only if selling pressure continues)
⛔ Resistance / Invalidation
Resistance zone: 1.3440 – 1.3460
Bearish view weakens if 1H closes above 1.3460
📊 Structure
Lower highs & lower lows
Price below cloud / key support
Momentum favors sell on pullback.
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📲 Join telegram channel free .
t.me/addlist/pFQznjn9oJc4MDFk
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/+PNWQFM8CwnswYTc0
Gold Signal's with proper TP & SL for high profit opportunities.
t.me/addlist/pFQznjn9oJc4MDFk
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/+PNWQFM8CwnswYTc0
Gold Signal's with proper TP & SL for high profit opportunities.
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.