GBPUSD IN SELL ZONEGBP/USDOANDA:GBPUSDAlgo_Trading_Mql5Here’s a detailed analysis of the *GBP/USD sell trend* based on the provided information: --- ### Key Levels: - *Sell Zone (Demand Zone)*: 1.26250 - *1st Technical Target*: 1.25000 - *2nd Technical Target*: 1.23500 - *3rd Technical Target*: 1.22500 --- ### Trend Analysis: 1. *Sell Zone (Demand Zone) at 1.26250*: - This level acts as a key area where selling pressure may emerge. If the price approaches 1.26250 and shows signs of rejection (e.g., bearish candlestick patterns, overbought RSI), it could signal a selling opportunity. Traders may consider entering short positions near this level. 2. *1st Technical Target (1.25000)*: - This is the first downside target if the sell trend gains momentum. It represents a significant support level where traders might take partial profits or reassess the trend. 3. *2nd Technical Target (1.23500)*: - If the selling pressure continues and the price breaks below 1.25000, the next target is 1.23500. This level could act as a stronger support zone. 4. *3rd Technical Target (1.22500)*: - This is the final target if the downtrend remains strong. It represents a deeper support level and could be the ultimate goal for the sell trend. --- ### Trading Strategy: - *Sell Near 1.26250*: Enter short positions near the sell zone (1.26250), especially if there are signs of rejection (e.g., bearish candlestick patterns, overbought RSI). - *1st Target (1.25000)*: Take partial profits or reassess the trend at 1.25000. - *2nd Target (1.23500)*: If the downtrend continues, consider closing more of the position or trailing the stop-loss. - *3rd Target (1.22500)*: Close the remaining position or trail the stop-loss further. - *Stop-Loss*: Place a stop-loss above the sell zone (e.g., 1.26500-1.26750) to limit risk in case of a breakout. --- ### Conclusion: The GBP/USD sell trend is bearish, with the sell zone at 1.26250 and technical targets at 1.25000, 1.23500, and 1.22500. Traders should monitor price action around these levels and use proper risk management to capitalize on the downward movement.