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GBPUSD - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairGBPUSD
Publication Time6/9/26 6:43 AM
Direction Sell
Status Closed (1.3410)
6:43
6:43
Jun. 9, 2026
Forecast
-45 p
1.3410
Stop Loss
1.3365
Entry
+35 p
1.3330
Target 1
+65 p
1.3300
Target 2
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Chart & Analyst Comments

main-sell-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on GBPUSD. As a result, we recommend considering only Short trades at this time.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
  4. The first target is at the level of the previous bottom - 1.333, and the second one, in case of an active price decrease, is at the level - 1.33
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