GBP/USD Intraday Signal: Bearish Toward 1.3280
Analysis:
GBP/USD holds a bearish intraday structure while trading below the key pivot at 1.3330. Price continues to face resistance at 1.3330–1.3355, keeping sellers in control and favoring a move toward 1.3280 and 1.3255. As long as the market remains capped under 1.3330, bearish continuation remains the preferred scenario.
Momentum remains aligned with the downside outlook, and rejection candles near resistance support a deeper pullback. A break above 1.3330 would invalidate the bearish view and open the path toward 1.3355 and 1.3380 as upside extension levels.
Trade Setup:
Enter: Short below 1.3330
Stop-Loss (SL): 1.3355
Target A: 1.3280
Target B: 1.3255