If price fails to break above 1.3420 and closes below 1.3395–1.3
GBP/USD Analysis (15M)
Current Price: 1.34070
Market Structure
The pair has made a strong bullish rally into a major resistance zone around 1.3415–1.3420.
Price is now rejecting resistance, showing that buyers are losing momentum.
The previous downtrend line (trade line) is still acting as an important dynamic support.
Bearish Scenario
If price fails to break above 1.3420 and closes below 1.3395–1.3400, sellers could take control.
The next bearish targets are:
Target 1: 1.3375
Target 2: 1.3355
Target 3: 1.3335 (trendline support)
Bullish Scenario
A strong candle close above 1.3420 would invalidate the bearish idea.
In that case, GBP/USD could continue higher toward 1.3440–1.3450.
Trading Idea
Bias: Bearish while below 1.3420.
Wait for bearish confirmation (rejection candle or lower high) before considering a sell.
Avoid entering solely based on the drawing—wait for price confirmation and manage risk with an appropriate stop-loss.
Current Price: 1.34070
Market Structure
The pair has made a strong bullish rally into a major resistance zone around 1.3415–1.3420.
Price is now rejecting resistance, showing that buyers are losing momentum.
The previous downtrend line (trade line) is still acting as an important dynamic support.
Bearish Scenario
If price fails to break above 1.3420 and closes below 1.3395–1.3400, sellers could take control.
The next bearish targets are:
Target 1: 1.3375
Target 2: 1.3355
Target 3: 1.3335 (trendline support)
Bullish Scenario
A strong candle close above 1.3420 would invalidate the bearish idea.
In that case, GBP/USD could continue higher toward 1.3440–1.3450.
Trading Idea
Bias: Bearish while below 1.3420.
Wait for bearish confirmation (rejection candle or lower high) before considering a sell.
Avoid entering solely based on the drawing—wait for price confirmation and manage risk with an appropriate stop-loss.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.