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GBP/USD Bears Taking Control? 🔥
🚨 Smart Money Shift in Play! GBP/USD just broke a key Choch (Change of Character) level, signaling a potential trend reversal. The bulls are losing momentum, and smart money could be preparing for a deeper correction.
📉 Bearish Setup in Progress:
✅ Liquidity grab above previous highs
✅ Break of structure confirming weakness
✅ Retest of supply zone (1.29500) before a potential dump
📍 Target Zone: 1.27800 – 1.28000
📊 If price respects the supply zone, we could see a strong downside move into the next demand area. Watch for confirmation signs before entering!
🔥 Will GBP/USD hit the target, or will bulls fight back? Drop your thoughts below.
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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.
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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.