📉 GBPUSD Price Forecast 📉 GBPUSD GBPUSD initially broke through the resistance zone, but quickly reversed back into the selling zone—a clear trap for buyers. Now, the pair has formed a strong resistance zone accompanied by a bearish candle, confirming a high-probability sell setup.
Currently, GBPUSD is trading below the 200 EMA, reinforcing the bearish outlook. It's the perfect time to consider sell trades, targeting the upcoming support levels.
🎯 Technical Target Levels: 1.2650, 1.2600, and 1.2510.
📌 Key Highlights: - Resistance zone breakout turned trap. - Strong bearish candle formed below 200 EMA. - Clear selling zone confirmed for bearish trades. ✅ Stay ahead in the market!
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