📍 Sell Zone
1.3600–1.3610
🎯 Target Levels
- ➊ TP1: 1.3580
- ➋ TP2: 1.3555
- ➌ TP3: 1.3535
🛡️ Stop Loss / Invalidation
1.3625
📊 Technical Analysis
GBPUSD is currently consolidating inside a contracting triangle structure, with price approaching the lower trendline support.
A confirmed bearish breakdown below the triangle could open the way toward the marked downside target zones. The 1.3580 area represents the first key reaction zone, while stronger bearish continuation could extend toward 1.3555–1.3535.
📉 Bearish Scenario
A sustained break below the lower trendline and confirmation from price action could strengthen the selling setup.
- Breakdown: Below triangle support
- First Reaction Zone: 1.3580
- Continuation Zone: 1.3555–1.3535
- Invalidation: 1.3625
⚠️ Trading Reminder
Wait for confirmation below support before entering. Avoid entering solely because price is approaching the lower trendline.
Trade the confirmation, manage the risk, and remember that technical targets are potential levels—not guaranteed outcomes. 📊
Disclaimer: This content is provided for educational purposes only and does not constitute financial advice. Always conduct your own analysis and apply appropriate risk management before entering any trade.
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