GBP/USD - Geopolitical Risk Surges : Dollar Demand

Mar 3

📊 Description ✅ Setup GBPUSD
GBPUSD (M30) continues to trade inside a descending channel, respecting the overall bearish structure.

Current market picture:
✔ Multiple rejections from descending trendline
✔ Price facing cloud resistance + supply zone confluence
✔ Lower highs forming
✔ Momentum slowing near mid-range

The structure still favors sellers unless resistance is broken decisively.

🧱 Support & Resistance
🔺 Resistance Zone: 1.3430 – 1.3460
🔻 1st Support: 1.3289
🔻 2nd Support: 1.3239

These are high-probability reaction zones.

⚠️ Disclaimer
This analysis is for educational purposes only and not financial advice.
Always manage your risk and trade according to your strategy.

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Mar 3

Trade active

Dollar Strengthens (Safe-Haven Flow)

✅Investors move to USD during geopolitical uncertainty.

✅Inflation fears may delay the Federal Reserve’s rate cut.

✅Fed rate cut now expected in September (not July).

✅DXY at 98.55.

Mar 3

Note

Mar 3

Trade closed: target reached

Mar 4

Note

U.S. dollar became stronger compared to the euro, British pound, and yen. This happened because problems in the Middle East made people think prices would keep going up worldwide