GBPUSD - 4H - Weekly Analysis - (17 → 21 Nov 2025)British Pound/US DollarFX:GBPUSDonelinkFXBias: Mildly Bearish → Range → Possible Mid-Week Bounce 🔍 Current Market Structure 4H Chart Price is trading around 1.3170, sitting inside a consolidation range. Major support: 1.3063 – 1.3094 zone Resistance: 1.3200 – 1.3220 zone The move remains weakly bullish short-term, but overall trend still bearish from the Oct-Nov decline. 1H Chart Momentum slow, price making lower highs, but holding above 1.3160 short-term support. Stochastic rising → short-term recovery possible before another drop. 🎯 Key Levels for the Week Resistance to SELL Zone / Level/ Reason SELL Zone 1 (Best)/ 1.3200–1.3220 / Heavy rejection zone + previous supply SELL Zone 2 (Secondary) /1.3250 /Deep liquidity sweep area Support to BUY Zone/ Level/ Reason BUY Zone 1 (Strong)/ 1.3090–1.3100 /Major 4H support, multiple touches BUY Zone 2 (Aggressive) /1.3060 /Last swing low / liquidity pocket 📌 Trading Plan for 17–21 Nov 🔻 Plan A: Sell From Resistance (Primary Setup) Entry: 👉 1.3200 – 1.3220 Stop Loss: 👉 1.3255 (Above liquidity zone) TP1: 1.3150 TP2: 1.3100 TP3 (Extended): 1.3060 Reasoning: Market respects this supply repeatedly. Perfect for a "wick-up then drop". 🔹 Plan B: Buy From Support After Dip Entry: 👉 1.3090 – 1.3100 (Preferred) 👉 1.3060 (Safer long position) Stop Loss: 👉 1.3035 TP1: 1.3140 TP2: 1.3180 TP3: 1.3220 Reasoning: 1.3090/1.3100 is the strongest support visible on 4H & 1H. Good zone for reaction/bounce trades. 📉 Expected Weekly Movement Scenario 1 (Most likely): Price retests 1.3200, rejects → drops to 1.3100. Scenario 2 (Less likely): Price sweeps 1.3220–1.3250 liquidity → strong drop to 1.3060. Scenario 3 (Bullish only if US data very weak): Break above 1.3250 → opens target 1.3330+. Right now, no indication of strong bullish reversal.