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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 Time6/23/26 7:03 AM
Direction Sell
Status Market
7:03
7:03
Jun. 23, 2026
Forecast
-60 p
1.3295
Stop Loss
1.3235
Entry
+60 p
1.3175
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. Majority of traders are still holding onto Longs. This means we should continue to Sell GBPUSD.
  2. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  3. Price broke through the MVP line and rushed down. We consider this a sign for further GBPUSD price decrease.
  4. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 1.3175
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