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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 Time6/16/26 5:54 AM
Direction Sell
Status Market
5:54
5:54
Jun. 16, 2026
Forecast
-55 p
1.3450
Stop Loss
1.3395
Entry
+55 p
1.3340
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. Price broke through the MVP line and rushed down. We consider this a sign for further GBPUSD price decrease.
  3. Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
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