GBPUSD Short/Sell SignalGBP/USDOANDA:GBPUSDKingTraderFXThoughts and Analysis: Sterling’s running out of gas, plain and simple. My chart analysis is screaming weakness due for a short and we’ve got a classic rejection at the 1.346–1.350 zone, the kind of level that turns dreamers into bag-holders. Price lost the short-term moving average and can’t reclaim it. Sellers are defending that ceiling, and unless the market rips clean through it, the path of least resistance is down first to 1.3200, then to the psychological 1.3000 line in the sand. GBPUSD Fundamentals: They’re pouring fuel on this fire. The dollar’s got wind at its back with U.S. growth and spending numbers keep defying gravity, pushing out rate-cut expectations and keeping Treasuries bid. Across the pond, the UK’s looking shaky: inflation refuses to die, the BoE’s stuck in a corner, and gilt yields are exploding like it’s 2022 all over again. Recent U.S. data revisions and spending figures have shown resilience (upgraded Q2 GDP and stronger consumer spending) which has supported the dollar recently and made Fed rate-cut expectations more cautious. A stronger dollar or higher UST yields is a direct headwind for GBPUSD. Positioning only sharpens the knife. Big boy desks are leaning bearish with Nomura and others are calling for a slide into the low-1.30s. When the smart money’s already stacking chips on the short side. Key support zones: TP1 is set at 1.3200 lines up with a prior congestion/swing area (previous rejection / swing low), and TP2 hovering at 1.2998–1.3000 is a psychologically and structurally important zone (round number + prior multi-touch support area). Those are reasonable first targets if momentum continues. Momentum confirmation: short-term oscillators on this sort of price action tend to stay bearish while the shorter MA is resistance and price closes under it; OANDA/desk technical notes have recently highlighted similar short-term bearish bias and 1.3315–1.3280 as next pivots. So here’s the trade: short the rejection, stop just above 1.3475, let the first leg bleed into 1.3200, and ride the momentum to 1.3000 if the floor gives way. That’s a clean two-, three-to-one reward profile. Don’t overcomplicate it. The story is simple: sterling’s tired, the dollar’s strong, the bond market’s flashing red, and the technicals are setting up a textbook short.