This 30-minute chart of the GBP/USD pair illustrates a recent bearish breakout from a descending channel following a failed triangle continuation pattern. Price rejected multiple resistance zones (highlighted by circles) and broke below key support around 1.35200. After hitting a low near 1.34200, a sharp recovery followed, now testing a minor resistance level around 1.34650. If price holds above this zone, a short-term bullish move toward the 1.35000–1.35200 resistance area is likely. This setup indicates a potential bullish correction before further directional clarity.
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t.me/+YwLgml0NKSk1NDI0
✔All Pair Signals Provides
✔XAUUSD EXPERT
✔CONTACT +447543941879
✔REGISTERED UNDER THIS BROKER
partners.vantagemarkets.com/ib-cpa-register/?url=ib&affid=7264705
✔Referral code 7264705
✔All Pair Signals Provides
✔XAUUSD EXPERT
✔CONTACT +447543941879
✔REGISTERED UNDER THIS BROKER
partners.vantagemarkets.com/ib-cpa-register/?url=ib&affid=7264705
✔Referral code 7264705
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.