GBP/USD Intraday Signal: Downside Toward 1.3250
Analysis:
GBP/USD continues to trade within a clear bearish structure on the 4-hour timeframe after multiple Break of Structure (BOS) events confirmed downside momentum. The pair recently broke below the 1.3400 support level, shifting the market structure firmly in favor of sellers.
The recent move created a weak low near 1.3250, suggesting that liquidity may still remain below current price levels. As long as price trades below the 1.3400 supply zone, the bearish continuation scenario remains dominant. Short-term pullbacks toward nearby supply zones are likely to attract selling pressure before the market attempts another push lower.
Trade Setup:
Enter: Sell below 1.3380
Stop-Loss (SL): 1.3440
Target A: 1.3300
Target B: 1.3250