GBPUSD IN SELL ZONE
Here’s a detailed analysis of the *GBP/USD sell trend* based on the provided information:
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### Key Levels:
- *Sell Zone (Demand Zone)*: 1.26250
- *1st Technical Target*: 1.25000
- *2nd Technical Target*: 1.23500
- *3rd Technical Target*: 1.22500
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### Trend Analysis:
1. *Sell Zone (Demand Zone) at 1.26250*:
- This level acts as a key area where selling pressure may emerge. If the price approaches 1.26250 and shows signs of rejection (e.g., bearish candlestick patterns, overbought RSI), it could signal a selling opportunity. Traders may consider entering short positions near this level.
2. *1st Technical Target (1.25000)*:
- This is the first downside target if the sell trend gains momentum. It represents a significant support level where traders might take partial profits or reassess the trend.
3. *2nd Technical Target (1.23500)*:
- If the selling pressure continues and the price breaks below 1.25000, the next target is 1.23500. This level could act as a stronger support zone.
4. *3rd Technical Target (1.22500)*:
- This is the final target if the downtrend remains strong. It represents a deeper support level and could be the ultimate goal for the sell trend.
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### Trading Strategy:
- *Sell Near 1.26250*: Enter short positions near the sell zone (1.26250), especially if there are signs of rejection (e.g., bearish candlestick patterns, overbought RSI).
- *1st Target (1.25000)*: Take partial profits or reassess the trend at 1.25000.
- *2nd Target (1.23500)*: If the downtrend continues, consider closing more of the position or trailing the stop-loss.
- *3rd Target (1.22500)*: Close the remaining position or trail the stop-loss further.
- *Stop-Loss*: Place a stop-loss above the sell zone (e.g., 1.26500-1.26750) to limit risk in case of a breakout.
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### Conclusion:
The GBP/USD sell trend is bearish, with the sell zone at 1.26250 and technical targets at 1.25000, 1.23500, and 1.22500. Traders should monitor price action around these levels and use proper risk management to capitalize on the downward movement.
---
### Key Levels:
- *Sell Zone (Demand Zone)*: 1.26250
- *1st Technical Target*: 1.25000
- *2nd Technical Target*: 1.23500
- *3rd Technical Target*: 1.22500
---
### Trend Analysis:
1. *Sell Zone (Demand Zone) at 1.26250*:
- This level acts as a key area where selling pressure may emerge. If the price approaches 1.26250 and shows signs of rejection (e.g., bearish candlestick patterns, overbought RSI), it could signal a selling opportunity. Traders may consider entering short positions near this level.
2. *1st Technical Target (1.25000)*:
- This is the first downside target if the sell trend gains momentum. It represents a significant support level where traders might take partial profits or reassess the trend.
3. *2nd Technical Target (1.23500)*:
- If the selling pressure continues and the price breaks below 1.25000, the next target is 1.23500. This level could act as a stronger support zone.
4. *3rd Technical Target (1.22500)*:
- This is the final target if the downtrend remains strong. It represents a deeper support level and could be the ultimate goal for the sell trend.
---
### Trading Strategy:
- *Sell Near 1.26250*: Enter short positions near the sell zone (1.26250), especially if there are signs of rejection (e.g., bearish candlestick patterns, overbought RSI).
- *1st Target (1.25000)*: Take partial profits or reassess the trend at 1.25000.
- *2nd Target (1.23500)*: If the downtrend continues, consider closing more of the position or trailing the stop-loss.
- *3rd Target (1.22500)*: Close the remaining position or trail the stop-loss further.
- *Stop-Loss*: Place a stop-loss above the sell zone (e.g., 1.26500-1.26750) to limit risk in case of a breakout.
---
### Conclusion:
The GBP/USD sell trend is bearish, with the sell zone at 1.26250 and technical targets at 1.25000, 1.23500, and 1.22500. Traders should monitor price action around these levels and use proper risk management to capitalize on the downward movement.
Trade active
trade active here entry nowNote
✅ sell Entry: 1,26642
🎯 Take Profit: 1.25744 250 pips✅ (Successfully Reached!)
profit
🚀 Next Target: 1.22510 keep hold – Holding Strong!
Trade closed: target reached
sell Entry: 1,26642
Take Profit: 1.25744 250 pips (Successfully Reached!)
profit
Note
close trade
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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.
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.