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Shadow Traders Fx

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Posted Aug 18

📉GBP/USD – Bearish Pressure Building! The pair has finally broken below its rising channel on the H2 timeframe, confirming exhaustion near the 1.2700–1.2720 supply zone. Price action is now showing signs of momentum shift, with lower highs forming and downside liquidity becoming the primary target. 🔎Technical Outlook: • Rising channel breakdown ✅ • Rejection from higher timeframe resistance ✅ • Clean liquidity pool resting near 1.2480 support ✅ 📰Fundamental Outlook: The U.S. Dollar is gaining strength as markets price in the Fed’s hawkish stance and resilient U.S. data, while the British Pound remains pressured by weaker U.K. growth prospects and persistent inflationary concerns. The divergence in monetary policy continues to favor USD strength. ⚠️Bias: Bearish – Short-term downside remains likely unless buyers reclaim 1.2700 with strong volume. ⸻ 🔔 Subscribe for high-probability setups & real-time insights. 📲 Join our free Telegram for exclusive trade alerts & strategies! #gbpusd#forex#tradingsignals#trading#trade#trader

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