SELL TREND in GBPUSD, It's Trap trading strategy. (Read caption)
π GBPUSD Price Forecast π GBPUSD GBPUSD initially broke through the resistance zone, but quickly reversed back into the selling zoneβa 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.
π― Technical Target Levels: 1.2650, 1.2600, and 1.2510.
π Key Highlights: - Resistance zone breakout turned trap. - Strong bearish candle formed below 200 EMA. - Clear selling zone confirmed for bearish trades. β Stay ahead in the market!
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