GBPUSD has shown a clear breakdown from the ascending channel

🔴GBPUSD – Bearish Setup Confirmed 📉
GBPUSD has shown a clear breakdown from the ascending channel, followed by a support break, signaling a potential shift in market structure. Price action on the 1-hour timeframe favors further downside.
📍 Sell Bias: After Channel & Support Breakdown
🎯 Technical Targets:
• TP1: 1.33800
• TP2: 1.33700
• TP3: 1.33400
As long as price stays below the broken structure, sellers remain in control and bearish continuation is expected.
⚠️ Risk Management Is Crucial
Always trade with proper risk management, use a well-defined stop-loss, and manage your position size carefully.
👍 Like | ➕ Follow | 💬 Comment | 🔁 Share
Trade smart. Stay disciplined. 📊💼
GBPUSD has shown a clear breakdown from the ascending channel, followed by a support break, signaling a potential shift in market structure. Price action on the 1-hour timeframe favors further downside.
📍 Sell Bias: After Channel & Support Breakdown
🎯 Technical Targets:
• TP1: 1.33800
• TP2: 1.33700
• TP3: 1.33400
As long as price stays below the broken structure, sellers remain in control and bearish continuation is expected.
⚠️ Risk Management Is Crucial
Always trade with proper risk management, use a well-defined stop-loss, and manage your position size carefully.
👍 Like | ➕ Follow | 💬 Comment | 🔁 Share
Trade smart. Stay disciplined. 📊💼
Trade closed manually
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t.me/+96f1pFVv2fk5NWQ0
Free Trading Signals with High Accuracy!
I’m a professional trader providing free, high-accuracy signals to help you grow your portfolio with confidence.
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t.me/+96f1pFVv2fk5NWQ0
Free Trading Signals with High Accuracy!
I’m a professional trader providing free, high-accuracy signals to help you grow your portfolio with confidence.
Real results
Accurate analysis
t.me/+96f1pFVv2fk5NWQ0
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.