2026-06-18 09:54 UTC
Scenario evidence 4 markers Open evidence Close evidence
Price attempted to break above recent highs but was rejected with a long upper wick.
Evidence The candle on 2026-06-09 shows an upper wick rejection with a close below the open.
Price reached a local high before reversing sharply.
Evidence The candle on 2026-06-14 marks the recent high before the breakdown.
Strong bearish candle breaking below recent support with high volume.
Evidence The candle on 2026-06-16 closed significantly below the prior support level with increased volume.
Increased volume confirms the breakdown move.
Evidence Volume on 2026-06-16 is above the 20-day and 60-day averages, indicating strong selling pressure.
Transaction ticket SHORT Open ticket Close ticket
- Entry
- 1.33003
- Current
- 1.33003
- SL
- 1.34150
- TP
- 1.32000
GBPUSD is breaking down from a recent support level with increased volume, indicating potential for further downside.
OPEN SHORT
Initiating a short position based on a strong bearish breakdown with high volume.
Price
1.33003
PnL
0.00%
Side
SHORT
Initiating a short position based on a strong bearish breakdown with high volume.
OPEN SHORT
Initiating a short position based on a strong bearish breakdown with high volume.
The market is experiencing a breakdown as price moves below a key support level with strong bearish conviction, confirmed by high volume.
Stop loss set above the recent resistance level at 1.3415. Take profit set at 1.3200 to capture potential downside.
- The candle on 2026-06-16 shows a strong bearish move with high volume, confirming the breakdown.
- Price closed significantly below the prior support level with increased volume, indicating strong selling pressure.
- Recent support at 1.33949 is now likely to act as resistance.
Monitor for continuation of the downtrend or a reclaim of the 1.3415 level for a possible reversal.




