Short
XAUUSD 1H: Bullish Reversal Setup from Key Demand ZoneMarket Overview
Gold (XAUUSD) on the 1-hour timeframe is currently consolidating within a major Demand Zone ($4,280 – $4,315) following a bearish impulse move. After breaking out of an earlier corrective Upward Channel via a Market Structure Shift (MSS), price swept liquidity down to the $4,260 level before rapidly reacting upwards back into the primary demand block.
Technical Breakdown
Break of Structure (BOS) & Market Structure Shift (MSS): The prior upward channel corrective phase was broken to the downside, triggering a strong distribution leg.
Smart Money Concepts (SMC) Liquidity Sweep: Price tapped below $4,280 to sweep sell-side liquidity near $4,260, finding strong buyers and forming a clean key support/demand level.
Descending Resistance Trendline: Price is currently respecting a clear descending trendline projection acting as dynamic resistance.
Trade Plan & Levels
Bias: Bullish Reversal / Retest Pullback
Entry Area: Inside current Demand Zone ($4,295 – $4,310) upon lower timeframe bullish confirmation (CHoCH / Bullish Engulfing)
Target (TP): $4,360 – $4,370 (Retest of the descending trendline resistance)
Invalidation (SL): Below recent swing low (Below $4,255)
Execution Strategy
Look for price to hold the current demand region and build momentum toward the projected target near $4,365. A clean break below $4,255 invalidates the immediate bullish momentum setup. Ensure risk management is capped at 1-2% per trade. Long 
GOLD — Pullback Before the Next Bullish Leg?📊 GOLD — Key Retracement Region to Watch
Gold formed a bullish divergence on the RSI on the 1D timeframe, which was followed by strong upward momentum, pushing price toward the 4700 level.
After being rejected from 4700, Gold has entered a deeper correction without any signs of top and has now retraced more than 50% of the previous bullish move.
Today, price also broke the previous low on the 4H timeframe, suggesting that the correction could continue further.
🔑 Important region to watch: 4240–4120
This region is particularly interesting because it contains two important Fibonacci retracement levels:
• 0.618 retracement → ~4240
• 0.786 retracement → ~4120
More importantly, this same region coincides with a Daily FVG, creating strong confluence around this area.
🟢 My bullish scenario
I’m watching the 4240–4120 region for a potential reaction.
If Gold finds support within this area and gives bullish confirmation, I believe we could see another upward leg towards 4850–4860 level, continuing the broader bullish trend.
📌 Key levels:
🔴 4700 — Previous rejection area
🔴 4850 — Next Resistance area
🟡 4240 — 0.618 retracement
🟡 4120 — 0.786 retracement
🟢 4240–4120 — Key region + Daily FVG
This is my market view, not financial advice.
Will this region become the next accumulation zone for Gold? 👀 Long 
USD/CHF: Uptrend Presses Into 0.8210 Fibonacci ResistanceUSD/CHF remains constructive on the daily chart, with price continuing to respect a rising trendline from the February low and holding above both major moving averages. The pair is now trading near 0.8183, approaching the marked 38.2% Fibonacci level around 0.8213, which represents the key nearby resistance zone.
The broader trend structure remains supportive. Price is above the 50-day SMA near 0.8100 and the 200-day SMA near 0.7939, while the shorter-term average is also positioned above the longer-term average. This alignment reflects a sustained bullish structure despite several periods of consolidation through July and August.
Momentum indicators are also improving. MACD has crossed back above its signal line and moved into positive territory, suggesting renewed upside momentum after the late-August pullback. RSI is near 63, showing strengthening momentum without yet reaching overbought conditions.
The main technical question is whether price can sustain strength into the 0.8213 resistance area. A decisive break above that region would reinforce the existing sequence of higher lows and higher highs, while rejection could lead to another consolidation phase. On the downside, the 50-day SMA and rising trendline form an important area of dynamic support, with the 200-day SMA acting as a deeper structural reference.
Overall, the chart maintains a bullish directional bias, supported by trend structure, moving-average positioning, and improving momentum, while 0.8213 remains the key level to monitor for confirmation of further trend continuation.
-MW US 10-Year Yield: Uptrend Extends Toward 5.08% ResistanceThe U.S. 10-Year Treasury yield remains in a well-defined daily uptrend, with the latest move pushing toward the 5.08% resistance area. Price action continues to form higher highs and higher lows, while the yield is trading comfortably above both the 50-day SMA near 4.68% and the 200-day SMA near 4.38%.
Momentum remains supportive of the trend. MACD is above its signal line and rising, with both lines holding above the zero level, indicating continued positive momentum. At the same time, RSI has climbed to roughly 74, placing the market in overbought territory. That does not automatically imply a reversal, but it does suggest the current advance is becoming stretched on a short-term basis.
The moving-average structure also reinforces the broader bullish bias. The 50-day SMA is rising and remains well above the 200-day SMA, while price has accelerated away from both averages. This confirms strong trend strength, although the widening distance from the shorter-term average may increase the probability of consolidation or mean reversion.
From a structural perspective, 5.08% is the key nearby technical level. A sustained move through that area would represent a continuation of the prevailing trend, while hesitation beneath it could allow momentum to cool. On the downside, the 4.80%–4.70% region is the first notable area of prior consolidation and trend support.
Overall, the daily chart maintains a bullish directional bias, supported by price structure, moving averages, and MACD, while the elevated RSI signals that short-term conditions are increasingly extended.
-MW US Dollar Index (DXY): Momentum Improves Above the 200-Day SMAThe U.S. Dollar Index is showing signs of short-term recovery after repeatedly holding the 98.75 support area. Price has moved back above the 200-day SMA near 99.14, while the latest daily candle is pressing toward the 99.75 resistance zone.
Momentum indicators are also beginning to improve. RSI has recovered to roughly 53, moving back above its neutral 50 level without approaching overbought territory. At the same time, MACD has crossed above its signal line, suggesting bearish momentum is fading, although both lines remain below the zero line. This keeps the momentum improvement constructive but not yet fully confirmed.
The moving-average structure remains mixed. DXY is trading above the 200-day SMA but still below the 50-day SMA near 99.98, which has started to slope lower. That area, together with the nearby 99.75 horizontal resistance, creates an important technical barrier. Above it, the 100.60 region represents the next major area where previous price action and the declining short-term trend could be tested.
For now, the chart carries a neutral-to-mildly bullish short-term bias while price remains above the 200-day SMA and 98.75 support. A sustained move through the 99.75–100.00 area would strengthen the recovery structure, while renewed weakness beneath the 200-day average would shift attention back toward 98.75 and the broader 97.65 support zone.
-MW GOLD 4H | SMC Symmetrical Wedge & Key Liquidity Breakout SetupGOLD 4H | Smart Money Concepts (SMC) Symmetrical Wedge & Liquidity Expansion
1. Impulsive Bullish Expansion & Higher High Creation (Left Side)
Price printed strong bullish displacement candles breaking prior structure, forming consecutive higher highs and sweeping previous buy-side liquidity (BSL) up to 4,697.070.
Reason: Heavy institutional buy-side order flow absorbed overhead supply, establishing an aggressive uptrend and printing the peak Premium High.
2. Premium High Rejection & Distribution (Top Area)
At the 4,697.070 Premium High, price formed long upper wick rejection candles followed by immediate bearish displacement.
Reason: Smart money distributed long positions into peak liquidity and initiated short entries from the premium supply block.
3. Descending Resistance Consolidation (Bearish Trendline)
Subsequent rallies produced progressively lower highs along the descending dynamic resistance line, with bearish candles repeatedly rejecting overhead supply.
Reason: Institutional sellers actively defended the descending trendline to maintain lower-timeframe control and engine sell-side liquidity below local swing lows.
4. Demand Mitigation & Lower Dynamic Support Absorption
Downward pushes were met with buying reactions around the ascending dynamic support line near 4,228.000, leaving long lower wicks.
Reason: Buyers defended key structural demand, compressing price action into a tightening symmetrical wedge setup between dynamic support and resistance.
5. Recent Bearish Push to Key Structural Support (~4,286.090)
The latest 4H candles expanded downward within the wedge toward the 4,228.000 Key Structural Support floor.
Reason: Price is testing lower-range bearish-side liquidity (SSL) to gather sufficient volume before a major breakout decision.
6. Market Decision Zone & Expansion Scenarios (~4,347.736)
Current price action is compressing right below the 4,347.736 Market Decision Zone inside the apex of the wedge.
Reason:
Bullish Breakout Scenario: A confirmed break above the 4,448 Breakout Level validates bullish momentum toward the 4,630 Swing High Target and major liquidity targets.
Bearish Breakdown Scenario: A breach below 4,228 triggers liquidity sweeps into the lower Downside Target demand blocks (4,140 – 4,180). Long 
Gold 1H | Let the Structure Reveal the Next Wave⏱️ Reading time: ~3 minutes
🟦 Scenario 1: Bullish Case
The bullish case does not necessarily require price to move straight higher.
After the recent move, the market may develop a sideways corrective structure and continue moving within the projected range. This would allow the correction to become more complex or time-consuming without necessarily invalidating the larger bullish structure.
Here, time, degree, and the character of the correction are important.
⬛ Scenario 2: Bearish Case
The bearish case offers a different interpretation.
The recent decline may represent the first impulsive wave to the downside, while the sharp recovery that followed could be a correction in the form of a double zigzag.
If this interpretation is correct, we now need to determine whether the market is developing:
a nested 1–2 structure, which could lead to another fast and powerful decline, or
a Leading Diagonal, which could be followed by a retracement proportional to the diagonal, potentially reaching near its Wave 4 area.
However, there is an important distinction.
If the market produces a strong impulsive advance after the recent decline, this bearish interpretation would weaken, increasing the possibility that the market is developing a larger sideways corrective structure instead.
So this chart is not saying that gold must decline or must rally.
It is saying:
The next structure must prove itself.
That is the essence of the Elliott Wave Principle: structure, wave degree, proportionality, and wave personality matter more than simply calling the direction of price.
Patterns whisper. We listen.
— Mr. Nobody 🎧📊
Gold Spot
Sep 5
Gold’s Structural Crossroad
Adobe Delivered the Numbers. The Chart Still Wants ProofAdobe’s latest results gave the bulls plenty to work with.
Revenue reached a record $6.76 billion, up 13% year over year. Recurring revenue from Adobe’s AI-focused products grew more than 150%, the company passed one billion monthly active users, and management raised its full-year revenue and earnings targets.
Those are not the numbers of a business that has suddenly stopped working.
The chart, however, is still asking for proof.
ADBE has spent several years trending lower, but the recovery from the June low around $190 has produced the first potentially constructive sequence in some time. Price established several higher lows before reaching the $285–295 area, where the advance met resistance and headed straight back to its former trading zone.
That upper zone remains the important barrier. A decisive move above it would provide the clearest indication that Adobe is entering a genuine recovery.
First, however, the lower zone around $241–252 has to do its job.
Adobe is now testing the former trading zone alongside its rising support line. If buyers defend the zone and price forms another higher low, the short-term recovery structure remains intact, leaving the upper zone as the next major test.
A decisive loss of the lower zone would send a different message. Even record results, faster growth from AI-focused products and raised guidance were not enough to produce sustained demand. That would not mean Adobe’s business is broken. It would mean the market still sees risks that one strong quarter has not resolved.
For now, the fundamentals have made their argument. The lower zone may determine whether the chart is finally ready to answer. NVDA Lost 217.73 And Gapped Through 214.58 To 212.91.NVDA Lost 217.73 And Gapped Through 214.58 To 212.91.
NVDA held the 217.73 shelf for two straight sessions and then gave it up overnight, gapping down 2.45% and taking out both the 214.58 gap level and 213.43 on the way to a 211.00 low. Price is now at 212.91, beneath all three of the levels it was working with last week, with 207.59 the next structural level underneath. Volatility on the hourly is in the 94th percentile of its range and the chart has moved into extension mode, which is what a gap through three levels looks like from the inside. The daily is flagging a swept high alongside a long-reversal state - a caution about chasing the move down, not a reason to fade it. Neutral.
Resistance: 213.43 - first overhead, just lost
Key resistance: 214.58 - the gap level that failed
Current price: 212.91
Support: 211.00 - the premarket low
Key support: 207.59 - the next structural level
Structural floor: 202.11 - deeper floor
Two paths from here:
It loses 211.00 and works toward 207.59. Taking out the overnight low with three levels already broken opens the next real support, and below 207.59 the chart thins out toward 204.82 and then 202.11. Extension this stretched can keep going, but it rarely does so in a straight line.
It reclaims 213.43 and fills back toward 214.58. Getting back above the levels it gapped through would make this an overshoot and put 217.73 back in question as the level to repair. Until 214.58 is reclaimed, every bounce is happening under broken structure.
Three named levels went in a single overnight move, which is the cleanest break this chart has produced in weeks. 211.00 below and 214.58 above are the two that matter now.
Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS
Study, not financial advice. 
Long
H1 Bearish Retest Toward Major Demand
XAUUSD is trading around 4,326 after another strong bearish leg pushed price below the previous reclaim structure. The H1 market remains under pressure, with price still trading beneath the descending resistance trendline and below the latest bearish Order Block.
The macro backdrop also remains challenging for gold. August U.S. PPI rose 0.4% MoM and 5.4% YoY, reinforcing inflation concerns and lifting market pricing for a Fed rate hike next week toward 70%. The dollar and Treasury yields strengthened after the release.
Attention now shifts to U.S. CPI later today. Markets are especially sensitive because another hot inflation print could further support yields and the dollar, while a softer reading may trigger a sharp gold recovery.
Technical View
The H1 structure remains bearish after the latest MSS and breakdown below the 4,330–4,350 reclaim / intermediate supply zone.
Price is currently testing the lower edge of this structure, so chasing shorts around 4,326 offers weaker positioning.
The cleaner bearish setup sits higher at 4,385–4,405, where the Resistance / Bearish OB aligns with the descending trendline.
A controlled rebound into this area followed by bearish rejection, failed acceptance or a lower-high formation would support another move lower.
The main downside objective remains the 4,275–4,295 Major Demand / Bullish OB.
Key Zones
Current Price: 4,325.980
Reclaim / Intermediate Supply: 4,330–4,350
Sell Priority / Bearish OB: 4,385–4,405
Major Demand / Bullish OB: 4,275–4,295
Major Resistance / Supply: 4,475–4,490
Trading Plan
Sell Priority: 4,385–4,405
Condition: wait for an H1 rebound into the bearish OB followed by rejection, failed reclaim or lower-high confirmation.
SL: above 4,420
TP1: 4,330–4,350
TP2: 4,275–4,295
Sell View
The preferred setup is not to chase the current decline.
A recovery into 4,385–4,405 would provide a cleaner area to evaluate seller response. As long as price remains below this resistance structure, the H1 bias stays bearish.
A sustained H1 reclaim above 4,420 would weaken the immediate sell scenario and could expose higher resistance again.
Final View
Gold remains technically bearish on H1, while hotter PPI and elevated oil prices continue to support inflation and higher-rate expectations. CPI is now the main short-term catalyst.
The primary scenario is a corrective rebound toward 4,385–4,405 followed by bearish continuation, targeting 4,330–4,350 first and 4,275–4,295 as the larger downside objective.
Will CPI trigger the retest into the bearish OB before gold attacks Major Demand? Short 
Gold | Bearish Continuation & Downside Potential SetupGold | Bearish Continuation & Downside Potential Setup
Fundamental View
Gold remains sensitive to movements in the U.S. dollar and Treasury yields as markets reassess the Federal Reserve’s policy path. Elevated yields can increase the opportunity cost of holding non-yielding gold, keeping upside attempts under pressure. Recent Treasury buyback plans have also added volatility to the bond market, while investors remain focused on inflation data and Fed policy expectations.
Technical View
Gold is currently trading below the descending trendline visible on the 1H chart, suggesting that the recent recovery may be losing momentum. Price is consolidating beneath the 4,435 area, while 4,465 represents a stronger resistance zone.
A rejection from these levels could reinforce the bearish structure and open the way toward the lower support zones.
SMC View
From an SMC perspective, the 4,435–4,465 region can be viewed as an area where buy-side liquidity may be tested before a potential bearish reaction. A rejection from this zone followed by bearish displacement would strengthen the downside setup.
The 4,200 area remains an important demand and liquidity zone where price could potentially seek lower-side liquidity.
This Move Is Supported By
• Price trading below the descending trendline
• Rejection risk around the 4,435–4,465 resistance area
• Elevated Treasury yields and changing Fed expectations
• Bearish short-term market structure
• Potential liquidity draw toward the 4,200 demand zone
Key Levels
Resistance: 4,435
Major Resistance: 4,465
Support: 4,375
Secondary Support: 4,340
Bearish Target: 4,200 demand zone
Trading Scenario
If gold continues to reject the 4,435–4,465 resistance area and confirms further bearish displacement, the downside scenario remains in focus.
A sustained break below 4,375 could expose 4,340 first, followed by a potential move toward the 4,200 demand/liquidity zone.
However, a strong reclaim and acceptance above 4,465 would weaken the immediate bearish structure and could signal that buyers are regaining control.
Professional Insights
The key area to monitor is the 4,435–4,465 resistance zone. Rather than chasing the move, confirmation through rejection, bearish displacement, and a break of nearby support would provide stronger evidence for continuation.
Risk Management
This analysis represents a technical scenario, not a guaranteed outcome. Consider position sizing carefully, define risk before entering a trade, and avoid increasing exposure simply because price moves against the initial setup.
Disclaimer
This analysis is shared for educational purposes only and does not constitute financial advice. Markets are volatile, and traders should conduct their own research and manage risk accordingly. Short 
XAUUSD | TRADING PLAN M30 14/09/2026✅ XAUUSD/M30
- Gold is still maintaining a bearish structure, continuously forming Lower High - Lower Low patterns and trading below the descending trendline and EMA trend structure. At the same time, price is trading below the Supply Zone (4334–4340), indicating that sellers remain dominant.
1. SELL SCENARIO
- Currently, price is moving sideways within a gradually declining range and is approaching the Support around 431x. If price rebounds to retest the Supply Zone (4334–4340) + FIBO, while aligning with the descending trendline and EMA structure, but fails to break out and selling pressure returns, the sell setup may continue, targeting 431x - Demand Zone (4287–4292).
- The selling momentum may continue and expand if price fully breaks out of the Demand Zone (4287–4292). If the H1 candle confirms the breakout, the sell setup may continue toward 423x - 420x.
2. BUY SCENARIO
- If price retraces to retest the Supply Zone (4334–4340) and breaks out with an H1 candle closing above this zone, prioritize waiting for a retest before considering a continuation buy setup, targeting 435x - Resistance Zone (4370–4376).
=> The Resistance Zone (4370–4376) is an important area to watch because it previously attracted strong selling pressure and also aligns with the H4 EMA structure. If price tests this zone, fails to break out, and selling pressure returns, the sell setup may continue back toward 435x - Supply Zone (4334–4340).
- Buying momentum regains control and expands if price breaks out and closes an H1 candle above the Resistance Zone (4370–4376).
🔴 KEY LEVELS
Supply Zone (4334–4340) + FIBO + Trendline + EMA
Resistance 435x
Resistance Zone (4370–4376)
Support 431x
Demand Zone (4287–4292) Short 
Long
Short
DXY Rebounds from Support — Can Buyers Extend the Recovery?Market Structure
The U.S. Dollar Index (DXY) remains in a broader bearish structure on the 4-hour chart, but recent price action shows a short-term recovery from the latest swing low. Buyers have regained some momentum, although the index is now approaching an important resistance zone where selling pressure may reappear.
Market Sentiment - Cautiously Bullish
Market sentiment has shifted to cautiously bullish. The recent rebound suggests buyers are attempting to regain control, but confirmation above key resistance is still required before the outlook can turn decisively bullish.
Bullish Scenario
If DXY breaks above 99.40, bullish momentum could accelerate and open the door toward the next resistance around 99.80. A sustained move above that level would indicate a stronger short-term trend reversal.
Bearish Scenario
If price fails to hold above 99.00 and falls back below this support, sellers could regain control and push the index toward the next support near 98.70. A break below that level would reinforce the broader bearish structure.
────────────────────
Market Outlook
DXY is attempting to recover after a prolonged decline. While the rebound has improved short-term sentiment, the index must clear nearby resistance before confirming a more meaningful recovery.
────────────────────
Key Levels
First Resistance: 99.40
Second Resistance: 99.80
First Support: 99.00
Second Support: 98.70
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Future Scenarios
A break above the First Resistance would suggest buyers are gaining momentum and could extend the recovery toward the Second Resistance.
However, if price falls below the First Support, sellers may regain control and push the index toward the Second Support.
────────────────────
Event Risk
DXY may remain sensitive to upcoming U.S. inflation data, Federal Reserve comments, Treasury yield movements, and overall market risk sentiment.
However, price action remains the key indicator. If positive news cannot push the index above the First Resistance, upside momentum may remain limited. Conversely, if DXY breaks below the First Support despite supportive headlines, it would suggest sellers remain firmly in control.
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Please share your view below:
Do you expect DXY to continue recovering, or will the broader downtrend resume?
More market structure and key level updates will be shared regularly. USDJPY Rebounds from Support — Is a Larger Recovery Beginning?Market Structure
USDJPY remains in a short-term bearish structure on the 4-hour chart after the sharp decline from recent highs. However, the latest rebound from the support area suggests selling pressure is easing. The pair is attempting to establish a short-term base, but buyers still need to reclaim key resistance to confirm a stronger recovery.
Market Sentiment - Cautiously Bullish
Market sentiment has shifted to cautiously bullish. Although the broader trend remains weak, buyers are beginning to step back into the market after the recent sell-off. Additional upside confirmation is still needed before sentiment can turn fully bullish.
Bullish Scenario
If USDJPY breaks above 154.50, bullish momentum could strengthen and open the way toward the next resistance near 155.20. A sustained move above that level would signal that buyers are regaining short-term control.
Bearish Scenario
If price fails to hold above 153.70 and breaks lower, selling pressure may return, exposing the next support around 153.20. A break below that level would reinforce the current bearish structure.
────────────────────
Market Outlook
USDJPY is attempting to stabilize after a strong bearish move. The recent rebound is encouraging, but buyers still need to overcome nearby resistance before a broader recovery can develop.
────────────────────
Key Levels
First Resistance: 154.50
Second Resistance: 155.20
First Support: 153.70
Second Support: 153.20
────────────────────
Future Scenarios
A break above the First Resistance would suggest buyers are gaining momentum and could extend the recovery toward the Second Resistance.
However, if price falls below the First Support, sellers may regain control and push the pair toward the Second Support.
────────────────────
Event Risk
USDJPY could remain sensitive to upcoming U.S. and Japanese economic data, central bank comments, Treasury yield movements, and overall market risk sentiment.
However, price action remains the key indicator. If positive news cannot push price above the First Resistance, upside momentum may remain limited. Conversely, if USDJPY breaks below the First Support despite supportive headlines, it would suggest sellers remain firmly in control.
────────────────────
Please share your view below:
Do you expect USDJPY to continue recovering, or will the broader downtrend resume?
More market structure and key level updates will be shared regularly. GBPUSD Tests Key Support — Will Buyers Step In?Market Structure
GBPUSD has shifted into a short-term bearish structure on the 4-hour chart. After failing to sustain its previous recovery, price has formed lower highs and is now drifting toward an important support zone. Sellers currently hold the short-term advantage unless buyers can reclaim recent resistance.
Market Sentiment - Moderately Bearish
Market sentiment is moderately bearish. Selling pressure has gradually increased over recent sessions, while bullish momentum has weakened. Unless key resistance is recovered, the short-term outlook continues to favor the downside.
Bullish Scenario
If GBPUSD holds above 1.3500 and breaks back above 1.3545, buyers could regain momentum and extend the recovery toward the next resistance around 1.3565. A sustained breakout above that level would improve the overall short-term outlook.
Bearish Scenario
If price breaks below 1.3500, selling pressure could increase and drive GBPUSD toward the next support around 1.3475. A decisive move below that level would confirm continuation of the current bearish structure.
────────────────────
Market Outlook
GBPUSD is approaching a key support area after several sessions of gradual weakness. The next directional move will likely depend on whether buyers can defend current levels or sellers continue extending the correction.
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Key Levels
First Resistance: 1.3545
Second Resistance: 1.3565
First Support: 1.3500
Second Support: 1.3475
────────────────────
Future Scenarios
A sustained move above the First Resistance would indicate buyers are regaining control and could extend the recovery toward the Second Resistance.
However, if price breaks below the First Support, bearish momentum may strengthen and expose the Second Support.
────────────────────
Event Risk
GBPUSD may remain sensitive to upcoming U.K. and U.S. economic data, central bank commentary, inflation expectations, and overall U.S. Dollar sentiment.
However, price action remains the key indicator. If positive news cannot push price above the First Resistance, upside momentum may remain limited. Conversely, if GBPUSD breaks below the First Support despite supportive headlines, it would indicate sellers remain firmly in control.
────────────────────
Please share your view below:
Do you expect GBPUSD to rebound from current support, or is another bearish leg about to begin?
More market structure and key level updates will be shared regularly.
