British Pound / U.S. Dollar
Short
Updated

GBPUSD July Playbook: Bearish Setup at Channel High

101
GBPUSD just printed a CC SELL signal right at the top of its rising channel — setting the stage for a potential July pullback.

📌 Breakdown using Vinnie’s Trading Cheat Code System:

✅ RSI Overbought zone triggered

✅ CC Sell + Confirm Sell combo at channel resistance (~1.38)

✅ Price stretched far above the mean with no higher timeframe support nearby

✅ MACD histogram rolling over — momentum shift in play

🎯 Targets:

1.3500 (channel median / recent base)

1.3280 (deeper support / previous Confirm Buy area)

This looks like a textbook trap-the-buyers setup. Patience on the entry — I’ll be stalking rallies to sell into.

🧠 Tools Used:

Vinnie’s Confirm Alerts

CC Trend Indicator

RSI OB/OS Scanner

MACD HPS Screener

Following this closely — could be one of the cleanest short opportunities of the month.
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