GBP/USD, Technical Analysis – H4
GBP/USD continues to respect its medium-term bearish structure of lower highs and lower lows while coiling inside a contracting triangle. With a still-wide range of over 150 pips, the path of least resistance remains lower, targeting 1.3350.
The pair has preserved its medium-term bearish structure, defined by a sequence of lower highs and lower lows, and has now entered a contracting triangular consolidation. Given the still-substantial range (over 150 pips) relative to the timeframe, a downside approach looks particularly attractive — both in the direction of the primary trend and from the upper boundary of the consolidation. The projected target stands at 1.3350.
Key Levels:
□ 1. Downside target: 1.3350
□ 2. Round resistance: 1.3500
□ 3. Corrective upside: 1.3550
Primary Scenario:
Transition to a decline toward 1.3350.
Alternative Scenario:
Continuation of the corrective bounce toward 1.3550.
Analyst Commentary:
An additional argument for the bears is the presence of the round 1.3500 level, below which the price is currently trading.
니콜라이 크리시토포프는 Investizo의 마켓 애널리스트로, 금융시장 업계에서 15년 이상의 경력과 10년이 넘는 트레이딩 경험을 보유하고 있습니다. 그의 주요 관심 분야는 외환 및 암호화폐 시장, 기술적 분석, 데이 트레이딩, 시장 행태입니다.