@JustinBennettfx
YouTube
Avg. Quality
74
Success Rate
42.08
Analysis
240
Correct
101
Fail
134
Pending
5
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
GBPUSD
Short Entry
1.3263
2026-03-18
21:51 UTC
Target
1.3000
Fail
1.3380
In 17 Hours
Risk/Reward
1 : 2
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Final PnL
-0.88%
P/L: —
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The GBPUSD pair has been in a clear downtrend on the 4-hour chart, following a descending channel. Recent price action shows a break of structure (BOS) and a change of character (CHoCH) within the channel, indicating a potential shift in momentum. However, the overall trend remains bearish, with any upward retracements expected to face resistance. Key levels to watch are the recent highs for potential short entries, and the lower bound of the channel for further downside targets. Traders should remain cautious due to upcoming fundamental events like FOMC, which could introduce significant volatility.
