GBP/USD Near 1.32804: Sellers Holds

Research preview

Market Structure Brief GBP/USD is trading near 1.32908 with a tradable only if price keeps respecting the confirmation zone profile; the cleaner read comes from acceptance around the pivot map rather than a single candle. Price is trading below the daily pivot at 1.32909, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 1.32804 / 1.32619 / 1.32456, while the resistance band is 1.33012 / 1.33110 / 1.33190. Daily R1 at 1.33084 and S1 at 1.32707 define the first tactical range. Internal models have flipped from Sell to Strong Sell for GBP/USD. The shift puts downside continuation in focus, with price near 1.32829,...