GBPUSD Intraday Signal: Sell Below 1.3250
Analysis
GBPUSD on the 1-hour timeframe is in a strong bearish trend, with a clear sequence of BOS confirming downside continuation. Price has broken key support levels and is now trading near a fresh weak low around 1.3160–1.3180.
The recent price action shows a minor pullback after an impulsive drop, but this move lacks strength and is likely a corrective retracement into supply, not a reversal. No meaningful bullish ChoCH has formed to challenge the bearish structure.
Above current price, multiple stacked supply zones between 1.3220–1.3300 remain unmitigated. These zones align with previous distribution and provide high-probability areas for continuation entries.
As long as price stays below 1.3250, the downside remains the dominant path, with liquidity resting below recent lows.
Trade Setup
Enter: Sell near 1.3210–1.3240
Stop-Loss (SL): 1.3290
Target A: 1.3160
Target B: 1.3100