GBPUSD remains under pressure after failing to sustain gains above 1.3450–1.3460. The pair is trading below both EMAs, keeping short-term momentum bearish.
Sell Setup
Entry: 1.3450–1.3460 rejection
SL: 1.3490
TP1: 1.3400
TP2: 1.3370
TP3: 1.3350
Buy Setup
Entry: H4 close above 1.3460
SL: 1.3425
TP1: 1.3500
TP2: 1.3520
Current bias: bearish while price remains below 1.3460.
Sell Setup
Entry: 1.3450–1.3460 rejection
SL: 1.3490
TP1: 1.3400
TP2: 1.3370
TP3: 1.3350
Buy Setup
Entry: H4 close above 1.3460
SL: 1.3425
TP1: 1.3500
TP2: 1.3520
Current bias: bearish while price remains below 1.3460.
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