Signal GBPUSD Sell — H1 - June 28, 2026 21:42 GMT-4
On the H1 timeframe for GBPUSD, the recent price action reveals a bullish trend with higher highs and higher lows, but the last few candles show signs of consolidation. The close at 1.32047 marks a pivotal level where the price has struggled to sustain upward momentum, evidenced by lower volume compared to prior bullish phases. This suggests weakening buying pressure and potential exhaustion of the uptrend. The recent pullback into the 1.3195-1.3205 range indicates a temporary equilibrium, with key resistance at 1.32076 and 1.32117 failing to hold. A bearish reversal is likely as the price approaches the 1.32047 level, where…