Best Selling Zones for GBP/USD on the Daily Timeframe

The GBP/USD pair continued its decline, breaking previous support and buying zones, confirming the continuation of the downtrend and the dominance of sellers.

The pair has established selling zones that are currently considered the best, aligning with the daily downtrend.

Expected Targets

We anticipate some upward corrections that may extend to new selling zones near the 1.3376 level. If this level is tested, we expect to see a renewed decline targeting 1.3320, 1.3250, and 1.3170.

The downtrend and selling zones will be invalidated if the price breaks above these selling zones and closes above them with a daily candle.