GBP/USD Intraday Signal: Bearish Setup Targeting 1.3270
Analyses:
GBP/USD is facing strong resistance at 1.3400, which continues to cap any upward attempts. The pair remains under bearish pressure as long as it trades below this level. If the downtrend persists, the price is expected to decline toward 1.3300 and 1.3270. A break above 1.3400 would invalidate this bias and open the way toward 1.3440 and 1.3480.
Enter: 1.3385
SL: 1.3440
Target A: 1.3300
Target B: 1.3270
🟢 Signal Result – GBP/USD
🎯 Target A reached at 1.3300, delivering a +85 pips profit from the entry at 1.3385.
The trade has been closed in full at Target A based on risk management and predefined exit strategy.
We will continue monitoring GBP/USD for a potential continuation toward lower levels or new re-entry opportunities.