GBP/USD Price Rejection at Key Resistance Bearish Setup Forming
⚙ Chart Context:
Pair: GBP/USD
Timeframe: 45 minutes
Current Price: ~1.3640
Date: June 25, 2025
Chart Type: Price action with supply/demand zones and bearish projection
---
🔍 Price Action Analysis
🔴 Key Resistance Zone (~1.3640 – 1.3650)
Triple rejection is clearly marked with red arrows. This forms a strong horizontal resistance, now tested for the third time.
The price has stalled just below this zone again, forming a tight consolidation (yellow box).
Historically, price has sold off from this level after each touch — increasing the likelihood of another rejection.
---
🟩 Support Zones
1. Minor support (~1.3580 – 1.3590): Mid-zone that previously acted as support/resistance. Price may pause here on the way down.
2. Primary target/support (~1.3500 – 1.3520): Clean demand area, shown in green at the bottom, and marked "Target" with a dashed arrow. It lines up with previous accumulation.
---
🧠 Market Structure
Bullish momentum led the price back to the resistance zone, but the current consolidation suggests momentum weakening.
This structure is commonly interpreted as a “lower high” forming under key resistance — a bearish signal.
Potential head and shoulders forming, with the current consolidation acting as the right shoulder.
---
🔄 Scenarios
✅ Bearish Scenario (Favored)
If price rejects the resistance and breaks below the yellow consolidation, expect:
Quick move to ~1.3590
Potential full extension to 1.3500–1.3520 target
Entry: Break/retest of yellow box bottom (~1.3610–1.3620)
Stop-loss: Above 1.3650 resistance
Risk/Reward: ~1:2.5 or better
❌ Invalidation (Bullish Breakout)
If price breaks and closes above 1.3650 with momentum:
Expect stop hunts/liquidity grabs
Could open path toward 1.3700 or higher
Would signal shift in structure, invalidating the bearish setup
Pair: GBP/USD
Timeframe: 45 minutes
Current Price: ~1.3640
Date: June 25, 2025
Chart Type: Price action with supply/demand zones and bearish projection
---
🔍 Price Action Analysis
🔴 Key Resistance Zone (~1.3640 – 1.3650)
Triple rejection is clearly marked with red arrows. This forms a strong horizontal resistance, now tested for the third time.
The price has stalled just below this zone again, forming a tight consolidation (yellow box).
Historically, price has sold off from this level after each touch — increasing the likelihood of another rejection.
---
🟩 Support Zones
1. Minor support (~1.3580 – 1.3590): Mid-zone that previously acted as support/resistance. Price may pause here on the way down.
2. Primary target/support (~1.3500 – 1.3520): Clean demand area, shown in green at the bottom, and marked "Target" with a dashed arrow. It lines up with previous accumulation.
---
🧠 Market Structure
Bullish momentum led the price back to the resistance zone, but the current consolidation suggests momentum weakening.
This structure is commonly interpreted as a “lower high” forming under key resistance — a bearish signal.
Potential head and shoulders forming, with the current consolidation acting as the right shoulder.
---
🔄 Scenarios
✅ Bearish Scenario (Favored)
If price rejects the resistance and breaks below the yellow consolidation, expect:
Quick move to ~1.3590
Potential full extension to 1.3500–1.3520 target
Entry: Break/retest of yellow box bottom (~1.3610–1.3620)
Stop-loss: Above 1.3650 resistance
Risk/Reward: ~1:2.5 or better
❌ Invalidation (Bullish Breakout)
If price breaks and closes above 1.3650 with momentum:
Expect stop hunts/liquidity grabs
Could open path toward 1.3700 or higher
Would signal shift in structure, invalidating the bearish setup
Trade active
Join telegram channel free ..
t.me/+zOlIssFOXrtlNWE0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/+zOlIssFOXrtlNWE0
t.me/+zOlIssFOXrtlNWE0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/+zOlIssFOXrtlNWE0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join telegram channel free ..
t.me/+zOlIssFOXrtlNWE0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/+zOlIssFOXrtlNWE0
t.me/+zOlIssFOXrtlNWE0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/+zOlIssFOXrtlNWE0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.