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.
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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
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