GBPUSD, Long-term Bearish
GBPUSD pair analyzed on a monthly timeframe, exhibits a notable approaching trendline resistance. This indicates a potential upcoming pullback, favorable for long-term positions. The projected bearish trajectory suggests a target level reaching down to the psychological barrier at 1.1800. Anticipated price action signals a likelihood of descending below the threshold of 1.3194 by July 2025.
Trendline, Bollinger Bands, and Chart Pattern Analysis. Mid-Long Term Strategy. No courses or premium signals provided. Open for collabs or free analysis requests - feel free to DM.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trendline, Bollinger Bands, and Chart Pattern Analysis. Mid-Long Term Strategy. No courses or premium signals provided. Open for collabs or free analysis requests - feel free to DM.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.