ANFIBO | GBPUSD - I'm waiting for good entries BUY [11.6.2025]

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ANFIBO | GBPUSD - I'm waiting for good entries BUY [11.6.2025]GBP/USDOANDA:GBPUSDANFIBO_Hi guys, Anfibo’s here! GBPUSD Analysis – W1 Trading Plan Overall Picture: GBPUSD continues to show a bearish-leaning structure on the higher timeframes as price compresses toward the end of a tightening wedge. Momentum remains weak, and the market has been respecting lower-high formations. The major resistance sits at 1.36–1.37, while downside supports align at 1.29 (50% Fibo), 1.27 (61.8% Fibo), and the key final support at 1.21. A weekly breakdown below 1.20–1.21 may trigger a much deeper sell-off. Until price reclaims major resistance, bearish setups remain favorable. Trading Plan for Today: >>> BUY ZONE: (1) ENTRY: Entry: 1.27 – 1.295 SL: 1.265 TP: 1.35 – 1.37 (2) ENTRY: Entry: 1.2 -1.22 SL: 1.19 TP: (I will update late...) Risk Management: Risk only 1–2% per trade. Always keep a clear stop-loss and avoid adjusting it emotionally. Stay aware of high-impact UK and US economic events (BoE policy, CPI, employment data). Reduce leverage during volatile sessions and scale positions responsibly instead of going all-in. Conclusion: GBPUSD is still showing bearish pressure as it drifts closer to key supports, and sellers remain in control unless the market can break above the 1.36–1.37 resistance zone. Today’s plan favors short setups from premium values with clearly defined stops and targets. Maintain discipline and let the market come to your levels. HAVE A NICE DAY, GUYS!