@melissa7929 on GBPUSD | PriceONN Community
M
On the D1 chart, GBPUSD appears to be forming a descending triangle pattern. The lower highs are converging towards the 1.3230 support level, which has been tested multiple times. A confirmed break below this level could trigger a significant move downwards, potentially targeting 1.3180. However, failure to break and a bounce off support might signal a bullish reversal, invalidating the pattern.