BTC $63,770.00 ▲ 0.53% ETH $1,866.41 ▼ 0.66% USDT $0.9990 ▼ 0.02% BNB $590.76 ▲ 0.25% XRP $1.08 ▼ 0.23% SOL $73.89 ▲ 0.39% DOGE $0.0703 ▼ 1.03% SHIB $0.00000499 ▲ 0.80% PEPE $0.00000292 ▲ 0.27% BTC $63,770.00 ▲ 0.53% ETH $1,866.41 ▼ 0.66% USDT $0.9990 ▼ 0.02% BNB $590.76 ▲ 0.25% XRP $1.08 ▼ 0.23% SOL $73.89 ▲ 0.39% DOGE $0.0703 ▼ 1.03% SHIB $0.00000499 ▲ 0.80% PEPE $0.00000292 ▲ 0.27%
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Piyasa

GBP/USD | 1H Market Structure Analysis | Resistance Rejection

GBP/USD | 1H Market Structure Analysis | Resistance Rejection

GBP/USD is currently trading below a major resistance zone after a strong bullish impulse from support. The Change of Character (CHoCH) confirmed a shift in market structure, but price failed to sustain above resistance and showed clear rejection. As long as the resistance level remains intact, the bearish scenario remains valid, with a potential move toward the marked target zone.

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