GBPUSD - ANALYSIS

👀 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, GBP/USD is showing signs of weakness in both the 1-hour and 4-hour timeframes. I expect a potential bullish move either from the 1.24157 level or the 1.23771 level. My target for this move is within the zone of 1.25770–1.25669.

📉 Expectation:
If GBP/USD breaks below the key level of 1.22934 in the 1-hour timeframe, I anticipate a much deeper price drop for GBP/USD.

💡 Key Levels to Watch:
Resistance: 1.25770–1.25669
Support: 1.24157, 1.23771, 1.22934 (key level)

💬 What’s your view on the GBP/USD this week? Share your thoughts in the comments below!

Trade safe