GBP/USD Trendline Breakout

Updated
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a Strong Trendline . This suggests a shift in momentum towards the downside in the coming Hours.

Key Points:

Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 1.2390
2nd Support – 1.2332


🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !

Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.

Best Regards, KABHI_TA_TRADING
Thank you.
Trade active
Take Entry now
Note
snapshot

In Good Profit
Trade closed: target reached
snapshot
Note
Today High Impact News :
CHF - Unemployment Rate
USD - Nonfarm Payroll
CAD - Employment Change
Chart PatternsDXYEURUSDGBPUSDTechnical IndicatorsTrend AnalysisDJ FXCM Index

👉👉 Join My Telegram Channel :

✳️ Forex Signals & Technical Chart : telegram.me/kabhifx

✳️ Crypto Technical Analysis - telegram.me/Kabhi_Crypto

📞📞Telegram me @t.me/kabhidhan
Also on:

Related publications

Disclaimer