GBP/USD (British Pound / U.S. Dollar) on the 1D (daily) chart .
From my chart:
The pair has broken the ascending trendline (drawn from March–July 2025).
Price is trading around 1.3440.
There are two downside “Target” zones marked.
📉 Key Targets Based on Your Chart
1. First Target Zone: Around 1.3200
→ This aligns with previous horizontal support (June 2025 lows).
2. Final Target Zone: Around 1.2800
→ This is the larger downside target if bearish momentum continues.
⚠ Notes
If GBP/USD breaks below 1.3400 and holds, bearish continuation toward 1.3200 looks probable.
A sustained move under 1.3200 could open the way to 1.2800.
However, if price reclaims 1.3550–1.3600 resistance, the bearish setup weakens.
👉 My chart clearly suggests a bearish outlook with 1.3200 (short-term) and 1.2800 (medium-term) as targets.
From my chart:
The pair has broken the ascending trendline (drawn from March–July 2025).
Price is trading around 1.3440.
There are two downside “Target” zones marked.
📉 Key Targets Based on Your Chart
1. First Target Zone: Around 1.3200
→ This aligns with previous horizontal support (June 2025 lows).
2. Final Target Zone: Around 1.2800
→ This is the larger downside target if bearish momentum continues.
⚠ Notes
If GBP/USD breaks below 1.3400 and holds, bearish continuation toward 1.3200 looks probable.
A sustained move under 1.3200 could open the way to 1.2800.
However, if price reclaims 1.3550–1.3600 resistance, the bearish setup weakens.
👉 My chart clearly suggests a bearish outlook with 1.3200 (short-term) and 1.2800 (medium-term) as targets.
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