GBPUSD Price Update – Bearish Momentum Alert
The ascending channel has officially brokendown after a consolidation phase signaling a strong bearish bias Sellers are gaining control and there’s potential for a deeper move to the downside
Key Resistance: 1.28200 | 1.28700
Key Support: 1.27000 | 1.25700
Risk Management Reminder:
Always protect your capital—stick to your plan and use proper stop-loss levels
Stay informed Stay profitable.
Tap Like drop a Comment and Follow for daily market insights premium setups and top-tier signal alerts!
The ascending channel has officially brokendown after a consolidation phase signaling a strong bearish bias Sellers are gaining control and there’s potential for a deeper move to the downside
Key Resistance: 1.28200 | 1.28700
Key Support: 1.27000 | 1.25700
Risk Management Reminder:
Always protect your capital—stick to your plan and use proper stop-loss levels
Stay informed Stay profitable.
Tap Like drop a Comment and Follow for daily market insights premium setups and top-tier signal alerts!
Trade active
GBP/USD 1H Outlook:
Price is approaching a key resistance zone around 1.2820–1.2870
Two possible outcomes:
A break and retest above resistance may indicate further upside.
Rejection from this zone could lead to a move toward 1.2710 or 1.2570
Monitoring price action for clearer direction
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.
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.