GBPUSD Intraday Signal: Bearish Structure Below 1.3350
Analysis
GBPUSD on the 1-hour timeframe remains in a clear bearish structure, with consistent lower highs and lower lows following rejection from the 1.3400–1.3450 strong supply zone.
Price has recently pushed down into a key demand area around 1.3230–1.3250, where a short-term reaction has occurred. However, this bounce appears corrective rather than a structural reversal, as no significant bullish Change of Character (ChoCH) has formed yet.
The overall flow suggests that sellers are still in control, especially with multiple failed attempts to break above 1.3330–1.3350 minor supply. This zone now acts as a critical decision area for continuation.
As long as price remains below 1.3350, the probability favors continuation toward the downside. A break below the current weak low could trigger liquidity and push price toward deeper targets around 1.3200.
Only a strong reclaim above 1.3350–1.3380 would invalidate the bearish scenario.
Trade Setup
Enter: Sell near 1.3320–1.3340
Stop-Loss (SL): 1.3390
Target A: 1.3250
Target B: 1.3200
