As I explained a few days back, GBPUSD reversed from resistance and confirmed the bearish case by breaking under the confluence support zone.
The market reached as low as 1.3450, before recovering part of the losses, with price currently hovering near the 1.3500 handle.
The key question now: is this just a corrective bounce, or the start of a deeper reversal?
From my perspective, the broader structure still favors the downside:
• The recent recovery looks corrective in nature, lacking strong bullish momentum.
• The previous confluence support is now acting as resistance.
• Macro factors and USD strength remain supportive of further GBP weakness.
As soon as this correction completes, I expect the bearish leg to resume, with 1.3200 remaining my downside target.
For traders, this means opportunities will likely appear on short setups after spikes into resistance, as long as 1.36 is not decisively reclaimed.
The market reached as low as 1.3450, before recovering part of the losses, with price currently hovering near the 1.3500 handle.
The key question now: is this just a corrective bounce, or the start of a deeper reversal?
From my perspective, the broader structure still favors the downside:
• The recent recovery looks corrective in nature, lacking strong bullish momentum.
• The previous confluence support is now acting as resistance.
• Macro factors and USD strength remain supportive of further GBP weakness.
As soon as this correction completes, I expect the bearish leg to resume, with 1.3200 remaining my downside target.
For traders, this means opportunities will likely appear on short setups after spikes into resistance, as long as 1.36 is not decisively reclaimed.
註釋
The main direction of the market is still upward, but 3785 is the upward pressure point. It has not been successfully broken through 3785 for several hours. Obviously, this will be a pressure point. Therefore, gold will inevitably make a correction in order to rise better. The premise is that you need to learn to judge the support and resistance levels. We bought gold at 3756 today and took profit at 3785, and then sold gold at 3785 and completed the profit at 3760.交易進行
交易結束：目標達成
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A long-established channel that has helped many people. Join me to get free signals, free advice, and free compensation if problems arise.
t.me/+rW3z9OS4G_s2NWIx
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。