GBPUSD SELL TRADE PLANBritish Pound vs US DollarICMARKETS:GBPUSDjibkhan111PAIR: GBPUSD DATE: 24 Feb 2026 PLAN ID: GU-240226-V6-01 Analysis Time (UTC): 15:39 ⸻ 1) TRADE INTENT Sell a pullback into premium supply after the sharp H4 breakdown, targeting continuation into lower liquidity below the recent base. ⸻ 2) PLAN OVERVIEW Market State: Trending Trade Model: Pullback (Model 2 — Pullback to Institutional Zone) Direction: SELL Horizon: Swing Setup Grade: A Plan Status: VALID ⸻ 3) LEVELS CARD (Execution Section) Setup Status Price State: NEAR Operator Mode: CONFIRMATION Zone Status: Valid Retest Pending Risk & Confidence Confidence: 71% Risk Per Trade: 1.0% ENTRY PLAN (Final Refined Version) Primary Entry (Higher Probability — preferred execution) Entry 01: 1.3568–1.3588 Stop Loss: 1.3626 TP1: 1.3462 TP2: 1.3420 TP3: 1.3360 Pre-Entry Invalidation: H1 acceptance and hold above 1.3605 Trigger Required: M15/H1 bearish shift at the zone (rejection + displacement OR CHOCH/BOS) Session Preference: London / NY Overlap Order Type: Market after confirmation Execution Rule: • Enter only after trigger at the zone; no trigger = no trade. ⸻ 4) MARKET CONTEXT •H4 sold off hard from the February peak and is holding a lower-high / lower-low sequence. •Liquidity sits below the recent base, keeping downside as the cleaner draw while structure stays bearish. •1.3568–1.3588 is the key retest area where the breakdown originated and sellers can re-engage. •Acceptance above 1.3605–1.3626 breaks the supply narrative and invalidates the sell. ⸻ 5) FUNDAMENTALS & NEWS Verdict: UNCONFIRMED Action: WAIT Key high-impact risk (next 3–5 days): • US Unemployment Claims (USD) • UK/BoE speaker risk (GBP) News Blackout Gate: No new entries 15m before / 60m after red events (extend to 90m if volatility remains unstable). ⸻ 6) EXECUTION PROTOCOL If FAR/NEAR → Wait for zone If IN ZONE — no trigger → Wait If IN ZONE — trigger printed → Execute If MOVED AWAY / INVALIDATED → Stand Aside / Cancel Rule: “A valid setup may exist even when no trade is active yet; follow the plan and wait for price and confirmation.” ⸻ 7) RISK & POSITIONING Risk 1%; reduce to 0.5–0.75% if already holding USD exposure. ⸻ 8) CONFIDENCE SUMMARY Bearish H4 structure with a clear breakdown-origin supply retest in premium and an open draw to lower liquidity supports the pullback sell once rejection confirms. ⸻ 9) FINAL EXECUTION NOTE I’m treating this as a patience trade: I will let GBPUSD come to 1.3568–1.3588 and only execute if it rejects with a clean bearish shift; if it drifts into the zone and chops or reclaims above 1.3605, I stand aside immediately and wait for a fresh setup.