GBPUSD 4H : Lower High Locked In, Breakdown Structure Forming

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GBPUSD 4H : Lower High Locked In, Breakdown Structure FormingBRITISH POUND VS US DOLLARTRADENATION:GBPUSDWeTradeWAVESGBPUSD on the 4H timeframe is showing a clear shift in structure. After the sharp impulsive rally into late January, price has transitioned into a series of lower highs and weaker recoveries, a classic sign of distribution rather than continuation. The recent bounce failed to reclaim prior momentum and is now rolling over again, suggesting sellers remain in control. The projected path highlights a potential continuation move if bearish pressure sustains. With USD flows strengthening and risk sentiment fragile, this structure favors downside momentum unless bulls can reclaim control decisively. Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.