GBP/USD Intraday Signal: Bearish Toward 1.3450
Analysis:
GBP/USD continues to trade below multiple supply zones, with a clear weak high formed near 1.3900 and consistent lower highs confirming bearish structure. Price remains capped beneath 1.3600, and recent BOS formations support ongoing downside pressure. As long as this resistance zone holds, sellers remain in control.
The pair is currently hovering above a short-term demand area near 1.3450. A break below this level would likely extend the move toward 1.3380. Only a sustained reclaim above 1.3600 would invalidate the bearish bias and shift momentum toward 1.3700–1.3800.
Trade Setup:
Enter: Short below 1.3600
Stop-Loss (SL): 1.3650
Target A: 1.3450
Target B: 1.3380