GBPUSD Price Update – Clean & Clear Explanation

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GBPUSD Price Update – Clean & Clear ExplanationBritish Pound/US DollarFX:GBPUSDPintu_sahu01GBP/USD shows price consolidating within a tightening structure after a strong recovery from the 1.3440 support zone. The market is currently trading around 1.3500–1.3520, reacting to a key intraday resistance area near 1.3525–1.3540, which aligns with a descending trendline acting as dynamic resistance. Price structure suggests compression between rising short-term support and falling resistance, forming a symmetrical triangle pattern. The 1.3490–1.3500 zone remains immediate support. As long as this level holds, buyers may attempt another push toward 1.3540 and potentially 1.3565. However, a confirmed rejection from the trendline resistance could trigger a pullback toward 1.3450, with deeper support resting near 1.3430. “If you come across this post, please like, comment, and share. Thanks!”