Shorted GU on Break & RetestBritish Pound / US DollarCAPITALCOM:GBPUSDJunmadayagI shorted GBPUSD on a classic bearish break and retest setup. Price repeatedly failed at the 4H resistance levels (marked around zone of 1.32581–1.33025). I saw a sharp breakdown below on support with strong red candles. Price then retested that broken support from below — exactly where the orange EMA 50, red EMA 100, and red EMA 200 were acting as dynamic resistance, all sloping downward. This gave me the classic bearish break and retest signal for a 2R target. I entered the short on that retest, expecting price to continue lower toward the blue support levels around 1.31588 and below. The downward-sloping EMAs capped any upside, while the horizontal resistance failures confirmed the bearish momentum. Clean price action trade.