British Pound / U.S. Dollar
Updated

GBP/USD (4H time frame).

206
GBP/USD (4H time frame)


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📉 GBP/USD Trade Setup – 4H Analysis

Price has broken below a key trendline and horizontal support zone. Current structure shows bearish momentum with clean downside targets.


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🔻 Sell Opportunity

Entry: 1.34000 (below broken support retest)
Target 1: 1.32000
Target 2: 1.29000
Stop Loss: 1.35200 (above resistance zone and cloud)


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📌 Analysis Notes:

Price is trading below both the trendline and Ichimoku cloud – strong bearish confirmation.

Retest of broken support/resistance zone has already occurred.

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