GBP/USD – Sell Zone in Focus After Friday’s Reversal
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1. Market Recap
In Friday’s analysis, I mentioned that while my 1.3200 medium-term target remains intact, a correction from the 1.3330 zone support was highly likely.
The market delivered exactly that, reversing by almost 100 pips since then.2. Current Setup
Price is now climbing back toward my sell zone above 1.3450. This area is critical for short-term positioning.3. Trading Plan
• For intraday and short-term traders: look for sell entries above 1.3450, with targets toward the 1.3330 support zone.
• For swing and medium-term traders: hold positions for a potential extension toward 1.3200.4. Risk Management
The scenario is invalidated if GBP/USD manages to stabilize above 1.3500, which would suggest stronger bullish momentum.5. Final Note
Patience is key — this setup offers both short-term and medium-term opportunities, but only if entries are taken with discipline and confirmation.
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Very clear breakdown
The plan with levels 1.3450 → 1.3330 makes a lot of sense, and the medium-term target at 1.3200 fits well with the overall trend.
Patience + discipline = key! 