GBPUSD: Sell the Rally? Weekly Forex Analysis #gbpusd #forextrading
Is GBPUSD preparing for another bearish move?

In this GBPUSD weekly forecast, Vladimir Ribakov analyzes the current market structure, falling resistance trend line, supply zones and developing bearish divergence for the week of 13 July 2026.

GBPUSD followed one of the scenarios discussed in last week’s forecast, moving lower before recovering toward an important resistance area.

Two main scenarios are now developing:

1️⃣ GBPUSD rejects the current resistance zone and begins another bearish move.

2️⃣ Price makes one final rally or false breakout above the recent highs before sellers return.

The main technical factors to watch include:

• Falling resistance trend line
• Major supply zones
• Previous market highs
• Developing bearish MACD divergence
• Potential false-breakout structure
• Lower-high confirmation

As long as the major resistance areas continue to hold, my focus remains on potential opportunities to sell the rallies.

Would you sell GBPUSD from the current resistance, or wait for one final false breakout?

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⚠️ Educational content only. This is not financial advice. Trading Forex and leveraged products involves risk.

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