GBPUSD Intraday Signal: Sell Below 1.3200
Analysis
GBPUSD on the 1H timeframe continues to respect a bearish market structure, with clear sequences of lower highs and BOS to the downside. The recent bullish attempt failed to break the strong high (~1.3330) and was followed by a sharp rejection, confirming seller dominance.
Price is currently consolidating around 1.3200, just above a weak low (~1.3170). This type of structure usually indicates that liquidity is building below before continuation. The minor pullbacks are shallow and corrective, showing a lack of real buying strength.
The nearest supply sits at 1.3230–1.3260, and unless this zone is reclaimed, the downside bias remains valid. Market is likely preparing for a liquidity sweep below the weak low.
Trade Setup
Enter: Sell below 1.3190
Stop-Loss (SL): 1.3250
Target A: 1.3150
Target B: 1.3100