The GBP/USD currently showing signs of a potential bearish reversal on the 1-hour chart. After an unexpected surge in recent days—driven largely by market reaction to Trump’s aggressive 50% tariff proposal on Europe—the pair appears to be losing upward momentum and is now reversing course.
A failure to maintain above the 1.35000 zone could indicate weakness and suggest further downside.
Key Support Levels:
1st Support: 1.34008 –
2nd Support: 1.33001
Plz click the Button like and share thoughts in comments i will be Glad.
A failure to maintain above the 1.35000 zone could indicate weakness and suggest further downside.
Key Support Levels:
1st Support: 1.34008 –
2nd Support: 1.33001
Plz click the Button like and share thoughts in comments i will be Glad.
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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.