GBPUSD Bearish Bias – Daily Bearish Intent Targeting Sell-Side

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GBPUSD Bearish Bias – Daily Bearish Intent Targeting Sell-SideBritish Pound vs US DollarICMARKETS:GBPUSDSMCWolfFXGBPUSD is showing signs of bearish intent after the previous daily candle closed bearish. From here, I’m watching for a potential move lower towards the marked sell-side liquidity targets. The key bearish targets I’m watching are: Target 1: Relative equal lows / weekly low liquidity Target 2: Deeper weekly low / relative equal lows liquidity below These areas are attractive because there are likely resting sell-side liquidity pools beneath the lows, which price may be drawn towards if bearish momentum continues. For this idea to remain valid, I’d ideally want to see price continue rejecting higher prices and respect the recent high. A clean break above the marked high would weaken the bearish case. Overall bias: Bearish on GBPUSD while price remains below the recent high. Not financial advice — just my personal market view.