GBPUSD SELLING MODE OPPORTUNITY FULL OF FALL ASLEEP 1. Resistance May Not Hold
The analysis assumes the resistance zone is strong and will lead to a reversal. However, if bullish momentum continues, there could be a breakout above resistance instead of rejection. A breakout above 1.2680 could invalidate the bearish outlook.
2. Trendline Breakout Is Not Always Reliable
While the breakout from the support area led to a strong uptrend, it doesn't guarantee a reversal at resistance. Sometimes, price consolidates and continues higher rather than reversing sharply.
3. Liquidity Grab Possibility
The price could fake a drop below support, trapping sellers, before reversing higher. The marked "selling zone" might be a liquidity area where big players accumulate positions before a breakout.
4. Fundamental Factors Can Change Direction
News events, interest rate decisions, or economic reports can disrupt technical patterns. A major announcement favoring GBP could push the price higher instead of following the predicted bearish move.
Alternative Outlook
If GBP/USD breaks above 1.2680, it could invalidate the bearish setup and target 1.2720+ instead of dropping.
Instead of expecting a hard rejection at resistance, traders should watch for signs of consolidation or a fake breakout before making a decision.
