overbought, test strong resistance zone 1.3630 and correct down

🔔🔔🔔GBP/USD news:

➡️ The British Pound surged toward 1.3600 against the U.S. Dollar as the ceasefire between Israel and Iran eased safe-haven demand. Sterling also drew support from stronger-than-expected preliminary UK PMI data for June.

➡️ On Tuesday, the Pound outperformed most major currencies—excluding those in the Asia-Pacific region—bolstered by upbeat preliminary S&P Global PMI figures released on Monday and the Bank of England’s guidance for a "gradual and calibrated" monetary easing path.
Additionally, several Federal Reserve officials expressed commitment to a rate cut in July to support the U.S. labor market.

Personal opinion:
➡️ GBP/USD is overbought and will retest the 1.3630 level. This is a strong resistance area, so you can sell a Scalping order here.

➡️ Technical analysis based on support resistance levels and trend lines combined with RSI to come up with a suitable strategy

Personal Plan:
🔆Price Zone Setup:

👉Sell GBP/USD 1.3615- 1.3630
❌SL: 1.3660| ✅TP: 1.3560

FM wishes you a successful trading day 💰💰💰