GBPUSD @ SELLING in the zone, Bears are strong (Read Caption)

📉 GBP/USD Price Forecast 📉
GBPUSD
GBP/USD has broken down the ascending channel and retraced to a strong resistance level. Heavy selling volume indicates significant interest from sellers, further supported by a golden crossover of the 200EMA & 50EMA in smaller timeframes.

Key Points:
1. Breakdown of the ascending channel signals a bearish trend.
2. Retracement to a strong resistance level suggests potential selling pressure.
3. Increased selling volume reinforces the bearish sentiment.
4. Golden crossover of 200EMA & 50EMA in smaller timeframes confirms the selling trend.

Key Levels:
- Support: 1.2670, 1.2620, and 1.2540
- Resistance: 1.2700 and 1.2780

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#GBPUSD #ForexTrading #MarketAnalysis 🌟📊

Trade ist aktiv:

Trade Initiated on spinning top candlestick pattern at retracement level there strong resistance Level 💪👍

Trade ist aktiv:

📉💼 GBP/USD Trade Update: Entry Activated..

Traders, here's the latest on GBP/USD:

📉 Entry Activated: Our entry on GBP/USD was triggered as the price retraced to the resistance level, followed by the formation of a strong bearish candle.

💼 Profit Update: We're already seeing a profit of 20+ pips as the trade progresses in our favor, signaling a promising start to the trade!

🔥🔥 Keep It Up: Let's maintain our momentum and continue to monitor the trade closely for further profit opportunities.

👍 Well Done: Congratulations to all traders who joined the trade! Your patience and commitment are paying off.

Stay focused, and let's make the most of this trade together! 📉💼 #GBPUSD #TradingUpdate