British Pound / U.S. Dollar
Short
Updated

GBP/USD 1H CHART PATTERN

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This GBPUSD 1-hour chart shows a recent bullish move followed by a retracement. Indicators like Ichimoku and DEMA are applied, with price currently around 1.35254. There’s visible resistance near 1.35800 and price has pulled back after reaching highs. The marked zones highlight support levels where price may react. Current market sentiment suggests a short setup aiming for lower levels, respecting the overall trend shift. Watching the price action at support zones will be important to manage risk and confirm momentum.

Entry: 1.35100
1st target: 1.34780
2nd target: 1.34500
Trade active
Trade active in sell
Trade closed: target reached

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