GBPUSD Breakout And Short term Once Again Fall
It seems you're sharing a trading setup for GBP/USD, with a bearish outlook. According to your analysis:
- **Resistance Zone**: 1.30000
- **Current Price**: 1.29500
- **Target**: 1.27500
If you're expecting the price to move downward, you could be anticipating that GBP/USD will break lower from the current price and approach the 1.27500 level. The 1.30000 level being a resistance zone suggests that if the price continues to struggle around that area and fails to break above it, the bearish trend would continue.
Just a quick reminder, when following such setups, always consider using proper risk management, and ensure you're watching the market for potential reversals, especially around key levels like support or resistance.
Let me know if you want to dive deeper into technical analysis or need help with managing your trades!
- **Resistance Zone**: 1.30000
- **Current Price**: 1.29500
- **Target**: 1.27500
If you're expecting the price to move downward, you could be anticipating that GBP/USD will break lower from the current price and approach the 1.27500 level. The 1.30000 level being a resistance zone suggests that if the price continues to struggle around that area and fails to break above it, the bearish trend would continue.
Just a quick reminder, when following such setups, always consider using proper risk management, and ensure you're watching the market for potential reversals, especially around key levels like support or resistance.
Let me know if you want to dive deeper into technical analysis or need help with managing your trades!
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t.me/JosGoldfreeSignals
t.me/JosGoldfreeSignals
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