🏦 GBPUSD Analysis – June 17, 2025 | 1H Chart 🔻 Market Structure Overview Currently ranging between 1.3524 support and 1.3607 resistance. Price is inside a descending triangle – bearish structure. Clean rejections from descending trendline; each retest brings in lower highs. 🔍 Key Zones 🔴 Resistance (1.3580–1.3610) Multiple rejections + prior breaker...
🔻 Sell-Side Analysis – June 17, 2025 🧠 Context & Market Structure Price rejected major resistance around 3415–3448 zone. SL Hunt zone marked at mid-levels around 3400–3408, showing manipulation. Current price: ~3397, after bouncing from the Daily Flip (support) at ~3388. --- 📉 Bearish Case Setup 1. Distribution Pattern at the Top The upper resistance...
USDJPY Recently gave a fakeout of the triangle pattern in downside traping the seller, as trend is bullish and we see JPY is getting weaker. Now we can look for the Buy entry at retest of trend line.