British Pound / U.S. Dollar
Short
Updated

GBP/USD Bearish Chart Pattern on 2H ......

72
GBPUSD (2H) Bearish Analysis

1. Chart Structure

The chart shows a bearish channel (blue box) – price is respecting the downward slope.

The red arc highlights a rounded top pattern, a strong reversal signal.

Recent candles show failure to hold higher levels, confirming sellers are in control.



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2. Entry & Current Zone

Entry Zone: Around 1.1110 – 1.1120 (bearish rejection area).

Price failed to break higher and is now trending back inside the bearish structure.



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3. Bearish Targets

Target 1: 1.1070 → First demand zone & short-term liquidity grab.

Target 2: 1.1045 → Stronger support & midpoint of the structure.

Target 3: 1.1010 → Final major support & completion of full channel move.



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4. Stop-loss & Invalidation

Stop-loss: Above 1.1145 – 1.1150

Reason: A breakout above this zone would invalidate the bearish channel and shift structure back bullish.



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5. Risk–Reward Setup

Entry: 1.1110

SL: 1.1150 (40 pips risk)

TP1: 1.1070 (+40 pips → R:R = 1:1)

TP2: 1.1045 (+65 pips → R:R ≈ 1.6)

TP3: 1.1010 (+100 pips → R:R = 2.5)



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6. Professional View

GBPUSD is in a bearish channel continuation.

Rounded top + rejection from channel resistance confirm further downside pressure.

Best strategy: Short from 1.1110 zone, scale out profits at TP1 & TP2, and hold remainder for TP3.


✅ Summary (Pro Signal)
GBPUSD short from 1.1110, SL above 1.1150, targets 1.1070 / 1.1045 / 1.1010.
Bearish channel + rounded top + resistance rejection = strong downside continuation.
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