GBP/USD 3H CHART PATTERN.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.
