GBP/USD Intraday Signal: Bearish Pressure Below 1.3150
GBP/USD remains under bearish pressure as long as price holds below the pivot resistance at 1.3150. Sellers are dominating the short-term structure, aiming for downside targets at 1.3090 and 1.3075 in extension. The pair has failed to sustain gains above 1.3150, confirming that resistance is acting as a cap on further upside attempts.
Momentum remains weak, and price action is printing lower highs on the intraday chart — a signal that bears retain control. As long as 1.3150 continues to act as resistance, the pair is likely to extend its decline toward 1.3090 and 1.3075. A confirmed break below 1.3090 would reinforce the bearish scenario.
Alternatively, a move above 1.3150 would shift the bias to neutral-to-bullish, opening the door toward 1.3165 and 1.3180 before new sellers appear.
Trade Setup:
Enter: Short below 1.3150
Stop-Loss (SL): 1.3165
Target A: 1.3090
Target B: 1.3075