GBP/USD on the 3-hour timeframe, here’s the analysis and potential target zones derived from the chart:
📉 Current Trend:
The market has broken down from an ascending channel.
Price retested the support-turned-resistance zone around 1.35060, confirming bearish momentum.
Ichimoku Cloud is above price — supporting bearish bias.
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🎯 Targets Based on the Chart:
1. First Target (1st Support Zone):
Level: Approximately 1.33449
This is your first major support zone marked on the chart — expect a possible reaction or consolidation here.
2. Second Target (2nd Support Zone):
Level: Approximately 1.32800
This is the second support zone — if price breaks below 1.33449, this becomes the next logical bearish target.
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🔍 Summary:
Sell below: 1.3450
Target 1: 1.3345
Target 2: 1.3280
Stop-loss suggestion: Above the resistance zone ~1.3506
Let me know if you want SL/TP values based on pips, risk %, or a strategy adjustment.
📉 Current Trend:
The market has broken down from an ascending channel.
Price retested the support-turned-resistance zone around 1.35060, confirming bearish momentum.
Ichimoku Cloud is above price — supporting bearish bias.
---
🎯 Targets Based on the Chart:
1. First Target (1st Support Zone):
Level: Approximately 1.33449
This is your first major support zone marked on the chart — expect a possible reaction or consolidation here.
2. Second Target (2nd Support Zone):
Level: Approximately 1.32800
This is the second support zone — if price breaks below 1.33449, this becomes the next logical bearish target.
---
🔍 Summary:
Sell below: 1.3450
Target 1: 1.3345
Target 2: 1.3280
Stop-loss suggestion: Above the resistance zone ~1.3506
Let me know if you want SL/TP values based on pips, risk %, or a strategy adjustment.
Note
profit running 120 pips
t.me/+yJ2-qfkocRg1NDlk
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.
t.me/+yJ2-qfkocRg1NDlk
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.