👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on GBP/USD with you.
Based on the current market structure, I anticipate further bearish movement in GBP/USD. I expect it to reach the zone between 1.22014 and 1.21685.
However, if GBP/USD breaks above 1.24721 on the 1H timeframe, I expect it to push higher towards the zone between 1.25770 and 1.25669.
📉 Expectation:
Bearish continuation towards 1.22014–1.21685, unless the 1.24721 level is broken. In that case, a bullish move towards 1.25770–1.25669 is expected.
💡 Key Levels to Watch:
Resistance: 1.24721 (breakout), 1.25770–1.25669
Support: 1.22014–1.21685
💬 What’s your view on the GBP/USD this week? Share your thoughts in the comments below!
Trade safe