GBPUSD is eyeing a bearish reversal on the 4-hour chart, with price testing resistance after recent consolidation, converging with a potential entry zone that could spark downside momentum if sellers defend amid volatility. This setup suggests a pullback opportunity post-rally, targeting lower support levels with more than 1:2 risk-reward.🔥Entry between 1.340–1.344 (entry from current price with proper risk management is recommended). Target at 1.319. Set a stop loss at a daily close above 1.351, yielding a risk-reward ratio of more than 1:2. Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging the pair's weakness near resistance.🌟
Fundamentally, GBPUSD is trading around 1.342. For the British Pound, key upcoming data includes Friday’s GDP (Q4 final) and Retail Sales, where softer growth or spending could increase BoE rate cut expectations and weigh on GBP. For the US Dollar, the most important release is Thursday’s PCE Price Index (Fed’s preferred inflation gauge) — hotter-than-expected figures would support USD strength and reinforce bearish pressure on the pair. Overall, persistent UK economic weakness combined with resilient US inflation data favors downside in GBPUSD this week. 💡
📝 Trade Setup
🎯 Entry (Short):
1.340 – 1.344
(Entry from current price is valid with proper risk & position sizing.)
🎯 Target:
• 1.319
❌ Stop Loss:
• Daily close above 1.351
⚖️ Risk-to-Reward:
• > 1:2
💡 Does GBPUSD begin a deeper correction toward 1.319, or will buyers absorb the selling pressure and force a breakout above resistance? 👇
Сделка активна
Trade was activated!Сделка закрыта: достигнута тейк-профит цена
The position was closed with 1:2 R/R. If you have any questions, don't hesitate to send me a message on Tradingview.
Good luck :)
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.