SELL TREND in GBPUSD, It's Trap trading strategy. (Read caption)
📉 GBPUSD Price Forecast 📉
GBPUSD
GBPUSD initially broke through the resistance zone, but quickly reversed back into the selling zone—a clear trap for buyers. Now, the pair has formed a strong resistance zone accompanied by a bearish candle, confirming a high-probability sell setup.
Currently, GBPUSD is trading below the 200 EMA, reinforcing the bearish outlook. It's the perfect time to consider sell trades, targeting the upcoming support levels.
🎯 Technical Target Levels:
1.2650, 1.2600, and 1.2510.
📌 Key Highlights:
- Resistance zone breakout turned trap.
- Strong bearish candle formed below 200 EMA.
- Clear selling zone confirmed for bearish trades.
✅ Stay ahead in the market!
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#GBPUSD #ForexTrading #TradingSignals #TechnicalAnalysis
GBPUSD GBPUSD initially broke through the resistance zone, but quickly reversed back into the selling zone—a clear trap for buyers. Now, the pair has formed a strong resistance zone accompanied by a bearish candle, confirming a high-probability sell setup.
Currently, GBPUSD is trading below the 200 EMA, reinforcing the bearish outlook. It's the perfect time to consider sell trades, targeting the upcoming support levels.
🎯 Technical Target Levels:
1.2650, 1.2600, and 1.2510.
📌 Key Highlights:
- Resistance zone breakout turned trap.
- Strong bearish candle formed below 200 EMA.
- Clear selling zone confirmed for bearish trades.
✅ Stay ahead in the market!
Like, comment, and follow for timely updates and precise forecasts.
Don’t miss the next moves—join now for consistent market insights! 🚀
📢 Trade smart and profit with precision!
#GBPUSD #ForexTrading #TradingSignals #TechnicalAnalysis
t.me/FOREXexpertAdvisorEA
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t.me/FOREXexpertAdvisorEA
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/FOREXexpertAdvisorEA
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/FOREXexpertAdvisorEA
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.