📊 GBP/USD (2H) Professional Market Analysis
🎯 Bias: Bearish Continuation Until Proven Otherwise
📉 Market Structure Overview
The chart shows a clear bearish market structure after a strong bullish rally. Price formed a significant swing high near the resistance zone and has since produced:
✅ Lower High (LH)
✅ Lower Low (LL)
✅ Break of Structure (BOS)
✅ Strong bearish trendline holding price below resistance
Overall, sellers remain in control.
🔍 Key Technical Observations
🚧 1. Major Resistance Zone
1.3540 – 1.3550
Previous buying climax.
Multiple rejections confirm strong institutional selling pressure.
➡️ Unless this level is broken, bulls remain weak.
🟨 2. Premium Supply Zone
Around 1.3400 – 1.3415
This highlighted area acted as:
Supply zone
Distribution area
Institutional premium pricing
Price respected this zone before continuing lower.
📌 Any retracement into this area may attract fresh sellers.
📉 3. Descending Trendline
The trendline connects the recent lower highs perfectly.
Every rally has been rejected from this dynamic resistance.
Current trend = Bearish
⚠️ 4. Break of Structure (BOS)
The BOS around 1.3340 confirms that buyers lost control.
After the BOS:
Sellers dominated
Momentum shifted downward
Lower highs continued forming
This strengthens the bearish outlook.
📍 Current Price Position
Current Price:
≈ 1.3305
Price is trading:
🔻 Below trendline
🔻 Below premium zone
🔻 Below BOS
This favors continuation to the downside unless buyers reclaim key resistance.
🎯 Possible Trading Scenario
🐻 Primary Bearish Setup
📌 Wait for price to retrace into:
1.3335 – 1.3365
Look for:
❌ Bearish engulfing candle
❌ Rejection wick
❌ Lower-high confirmation
❌ Strong selling volume
🎯 Potential Targets:
TP1: 1.3270
TP2: 1.3235
TP3: 1.3200
TP4: 1.3150 (Major Support)
🟢 Bullish Invalidation
The bearish view becomes weaker if price:
✅ Breaks above the descending trendline
✅ Closes above 1.3400 with strong momentum
✅ Forms a higher high and higher low
Only then would buyers regain control.
🛡️ Important Support Zone
🟦 Major Demand
1.3145 – 1.3160
This area is likely to attract:
Profit-taking by sellers
Institutional buying interest
Possible short-term reversal
Watch price action carefully if this level is reached.
📊 Smart Money Concept (SMC) View
✅ Market Structure: Bearish
✅ BOS: Confirmed
✅ Trendline: Respecting Resistance
✅ Premium Zone: Rejected
✅ Liquidity: Likely resting below recent lows
✅ Probability: Higher chance of bearish continuation
📈 Trading Plan
✅ Sell Preference
📍 Entry: After bearish confirmation on a pullback
🛑 Stop Loss: Above the most recent lower high or above the trendline
🎯 Targets:
1.3270
1.3235
1.3200
1.3150
⭐ Overall Market Bias
🔴 BEARISH (75–80% Probability)
As long as price remains below the descending trendline and the 1.3400 premium supply zone, the path of least resistance is to the downside. Traders should prioritize selling rallies rather than buying dips until market structure shifts in favor of the bulls.
Note: This analysis is based solely on the provided 2-hour chart and should be confirmed with lower-timeframe price action and sound risk management before entering any trade.
🎯 Bias: Bearish Continuation Until Proven Otherwise
📉 Market Structure Overview
The chart shows a clear bearish market structure after a strong bullish rally. Price formed a significant swing high near the resistance zone and has since produced:
✅ Lower High (LH)
✅ Lower Low (LL)
✅ Break of Structure (BOS)
✅ Strong bearish trendline holding price below resistance
Overall, sellers remain in control.
🔍 Key Technical Observations
🚧 1. Major Resistance Zone
1.3540 – 1.3550
Previous buying climax.
Multiple rejections confirm strong institutional selling pressure.
➡️ Unless this level is broken, bulls remain weak.
🟨 2. Premium Supply Zone
Around 1.3400 – 1.3415
This highlighted area acted as:
Supply zone
Distribution area
Institutional premium pricing
Price respected this zone before continuing lower.
📌 Any retracement into this area may attract fresh sellers.
📉 3. Descending Trendline
The trendline connects the recent lower highs perfectly.
Every rally has been rejected from this dynamic resistance.
Current trend = Bearish
⚠️ 4. Break of Structure (BOS)
The BOS around 1.3340 confirms that buyers lost control.
After the BOS:
Sellers dominated
Momentum shifted downward
Lower highs continued forming
This strengthens the bearish outlook.
📍 Current Price Position
Current Price:
≈ 1.3305
Price is trading:
🔻 Below trendline
🔻 Below premium zone
🔻 Below BOS
This favors continuation to the downside unless buyers reclaim key resistance.
🎯 Possible Trading Scenario
🐻 Primary Bearish Setup
📌 Wait for price to retrace into:
1.3335 – 1.3365
Look for:
❌ Bearish engulfing candle
❌ Rejection wick
❌ Lower-high confirmation
❌ Strong selling volume
🎯 Potential Targets:
TP1: 1.3270
TP2: 1.3235
TP3: 1.3200
TP4: 1.3150 (Major Support)
🟢 Bullish Invalidation
The bearish view becomes weaker if price:
✅ Breaks above the descending trendline
✅ Closes above 1.3400 with strong momentum
✅ Forms a higher high and higher low
Only then would buyers regain control.
🛡️ Important Support Zone
🟦 Major Demand
1.3145 – 1.3160
This area is likely to attract:
Profit-taking by sellers
Institutional buying interest
Possible short-term reversal
Watch price action carefully if this level is reached.
📊 Smart Money Concept (SMC) View
✅ Market Structure: Bearish
✅ BOS: Confirmed
✅ Trendline: Respecting Resistance
✅ Premium Zone: Rejected
✅ Liquidity: Likely resting below recent lows
✅ Probability: Higher chance of bearish continuation
📈 Trading Plan
✅ Sell Preference
📍 Entry: After bearish confirmation on a pullback
🛑 Stop Loss: Above the most recent lower high or above the trendline
🎯 Targets:
1.3270
1.3235
1.3200
1.3150
⭐ Overall Market Bias
🔴 BEARISH (75–80% Probability)
As long as price remains below the descending trendline and the 1.3400 premium supply zone, the path of least resistance is to the downside. Traders should prioritize selling rallies rather than buying dips until market structure shifts in favor of the bulls.
Note: This analysis is based solely on the provided 2-hour chart and should be confirmed with lower-timeframe price action and sound risk management before entering any trade.
✦ MARKET STRATEGY SIGNALS ✦ 📊
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
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✦ MARKET STRATEGY SIGNALS ✦ 📊
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.