From TradingView · · 30s
GBPUSD Trendline Breakdown
GBPUSD breaks below resistance, targeting 1.3150 liquidity zone.
In brief
GBPUSD breaks below resistance, targeting 1.3150 liquidity zone. GBPUSD price action shows bearish trendline breakdown with liquidity target at 1.3150. Originally reported by TradingView.
GBPUSD Trendline Breakdown
GBPUSD shows signs of weakening bullish market structure after repeated rejection from major resistance zone 1.3480, 1.3510.
Bearish Liquidity Target
Price could move toward liquidity area 1.3150, 1.3190 if bearish pressure continues.
Market Structure Shift
Traders may wait for price confirmation and market structure shift before considering trades.
Here's the gist
GBPUSD price action shows bearish trendline breakdown with liquidity target at 1.3150.
