GBPUSD Intraday Signal: Bearish Pressure Toward 1.3250
Analysis:
GBPUSD on the 1-hour timeframe remains in a broader bearish market structure following the sharp decline that began after the rejection near the 1.3550–1.3600 supply zone. Since that move, the pair has been forming lower highs and lower lows, confirming that sellers maintain control of the short-term direction.
Recently, the market attempted a recovery toward the 1.3380–1.3400 supply area, where a weak high formed. This region aligns with previous liquidity and acts as a key intraday resistance level. The failure to break and hold above this zone suggests that the recent upward move was likely a retracement rather than a structural reversal.
Price is now trading near 1.3320, hovering above the 1.3250 demand zone, which is marked as a strong low on the chart. If selling pressure continues below 1.3350, the market may move to sweep liquidity around 1.3280 and potentially revisit the 1.3250 support area.
As long as GBPUSD remains below 1.3400, the bearish intraday bias remains valid and the probability favors a continuation toward lower liquidity levels.
Trade Setup:
Enter: Sell below 1.3350
Stop-Loss (SL): 1.3410
Target A: 1.3280
Target B: 1.3250
