Hello traders,
Sharing a fresh look at GBP/USD (H4) as the pair continues to trade inside a broader bearish structure with no clear signs of reversal yet.
If price pulls back into any of these levels and prints bearish confirmation (rejection candles, MACD slowdown, or false breakouts), a continuation lower becomes likely.
Primary expectation remains:
Unless strong bullish momentum appears, the dominant sentiment stays on the downside.
Still bearish or expecting a recovery from current levels?
Sharing a fresh look at GBP/USD (H4) as the pair continues to trade inside a broader bearish structure with no clear signs of reversal yet.
Market Overview
- The pair has been forming consistent lower highs and lower lows.
- Price is currently sitting at a minor support, but momentum remains weak.
- The chart highlights three key resistance zones above where sellers may step back in.
Key Levels to Watch
- 1.3320 – 1.3350 → First pullback zone
- 1.3440 – 1.3500 → Mid-range resistance
- 1.3550 – 1.3600 → Major resistance and high-probability sell zone
If price pulls back into any of these levels and prints bearish confirmation (rejection candles, MACD slowdown, or false breakouts), a continuation lower becomes likely.
Trade Outlook
Primary expectation remains:
- Pullback → Bearish continuation toward the next support zones.
Unless strong bullish momentum appears, the dominant sentiment stays on the downside.
What’s your view on GBP/USD?
Still bearish or expecting a recovery from current levels?
