📉 GBPUSD – Bearish Rejection from Resistance
Price is currently testing a strong resistance zone around 1.3550 – 1.3600, which has acted as a supply area multiple times. The recent rejection suggests sellers are stepping in again.
🔻 Bias: Bearish
📍 Entry Zone: 1.3500 – 1.3550
🎯 Target: 1.3350 → 1.3220
🛑 Stop Loss: Above 1.3620
💡 Reason:
Strong resistance holding
Lower highs structure forming
Rejection + momentum shift
👉 If price fails to break above resistance, expect a move back toward the support zone
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