📉 GBP/USD Forecast & Level Analysis GBP/USD is showing bearish momentum, signaling further downside movement. The pair is eyeing the selling zone at 1.24800, with a technical target of 1.19500.
🔄 Key Levels to Watch Sell Zone: 1.24800 First Resistance: 1.25620 Second Resistance: 1.27230 First Support: 1.22700 Second Support: 1.21628 Technical Target: 1.19500 🔍 Market Outlook Bearish Confirmation: A strong rejection from 1.24800 could confirm the downward move. Breakdown Levels: A move below 1.22700 could accelerate selling pressure toward 1.21628 and ultimately 1.19500. Pullback Opportunities: If GBP/USD retests 1.25620 or 1.27230, it could offer new selling entries. 💡 Trading Plan:
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.
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.