GBP/USD – Fundamental Drive in Play (30.01.2026)
📝 Description 🔍 Setup (Market + Fundamentals) FX:GBPUSD
GBP/USD has rallied strongly but is now facing heavy selling pressure at a well-defined resistance zone. Multiple rejections from the same supply area signal buyer exhaustion.
On the fundamental side, USD strength is supported by:
1.New Fed leadership announcement
2.Political agreement to avoid a US government shutdown, reducing uncertainty and favoring the dollar
Technically, price is breaking below the rising trendline, with EMA & Ichimoku losing bullish momentum.
📍 Support & Resistance
🟨 Resistance Zone: 1.3825 – 1.3865
🟥 1st Support: 1.3600
🟥 2nd Support: 1.3500
Volume profile supports downside liquidity below current price
⚠️ Disclaimer
This analysis is for educational purposes only.
Forex trading involves risk — always use proper risk management and trade responsibly.
💬 Support the Idea 👍 Like if you see GBP/USD turning bearish
💬 Comment: Sell from resistance or wait for deeper confirmation?
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