British Pound / U.S. DollarBritish Pound/US DollarFX:GBPUSDfereydoon1199Hello and greetings to all Pound traders, I originally intended to share the long-term analysis of GBP first, but after the limited response to the long-term EUR analysis — which is actually very important for any trader — I decided to hold back on the higher-timeframe GBP breakdown for now and focus instead on the daily chart. We already know exactly how far this decline can extend, and if the market turns bullish, we also know how far it can potentially rise. So the analysis is very clear: we have a bearish confirmation down to the marked blocks. Now the question is: is the market reacting to the IFC Daily Candle, or is it targeting the Daily POI? We have a pretty clear answer to that, and it’s also visible on the monthly timeframe. That said, price is likely to react strongly at these areas, and scalpers can definitely take advantage of those moves. So for the daily chart, keep looking for solid sell opportunities. Wishing you all profitable trading. If several of you would like me to share the monthly and weekly analysis as well, I’d be more than happy to do that. The movement pattern of this pair is completely clear, and we’ve already broken it down step by step. Thank you, Arash | Retail Trader | Wall Street Forex Trading Center Risk Disclosure This analysis is for educational purposes only and does not constitute financial advice or a guarantee of profit. The forex market carries significant risk. All trading decisions, including risk and money management, are solely your responsibility.