The Trust Layer for Market Analysts

The analysis focuses on GBPUSD, identifying two potential scenarios. A bearish continuation is anticipated if price closes below the 'External Low' around 1.3450, signaling strong seller control and opportunities for short entries against the trend. Conversely, a bullish continuation is considered if price achieves acceptance above the internal high at approximately 1.3590, indicating an internal shift or continuation for a potential push higher. The current market trend is viewed as bearish, with the trader waiting for further confirmation from price action to define the next move.