GBPUSD D1British Pound/US DollarFX:GBPUSDWinlouh🔎 Market Context Structure: Range → Distribution (UTAD at highs) Fake breakout above range → strong rejection Now forming lower highs + bearish momentum 🧠 Key Insight 👉 This is a classic: Distribution → UTAD → Bearish reversal Liquidity taken above highs Sharp rejection → smart money selling Trendline break confirms weakness 📍 Key Levels 🔴 Resistance 1.3650 – 1.3700 → key supply zone 🔵 Support / Targets 1.3000 → range low / first target 1.2850 → extended target 📉📈 Scenarios ❌ Primary (Bearish continuation) Small pullback to 1.3350 – 1.3500 Then continuation down to: 1.3000 Possibly 1.2850 ⚠️ Alternative If price reclaims 1.3700 → bearish idea invalid