GBPUSD: Selling the Retest | Clean Break, Wait for ConfirmationGBP/USDOANDA:GBPUSDwajahatarif🔻 GBPUSD | Sell the Retest of Broken Support Timeframe: 1H Bias: Bearish Type: Break and Retest 📊 Technical Setup GBPUSD has broken a key 4H support zone (~1.3460–1.3494) which now acts as a turncoat resistance. Price is currently pulling back, offering a prime opportunity to sell the retest. •Entry: 1.3460–1.3490 (after confirmation of rejection) •SL: Above 1.3508 •TP: 1.3398 •RR: ~1:2 •RSI: Bearish momentum, RSI < 50 with mild recovery—ideal for a fade trade 📉 Macro & Fundamental Confluence •GBP: Despite hawkish BOE tone, GBP is showing technical weakness and soft CFTC positioning •USD: Strong macro bias with rising conditional score and delayed Fed cuts (still supporting USD strength) •Seasonal Bias: GBPUSD marked bearish in seasonal chart •COT Data: GBP positioning turning bearish after previous net build-up 🧠Gameplan “Wait for the retest of broken support-turned-resistance to reject before entering short. Stick to the zone.” 🔔 Set alerts around 1.3460–1.3490 and monitor for bearish engulfing or pinbar confirmation.