My own view on GBPUSD this week British Pound/US DollarFX:GBPUSDMrMaolokaMarket: GBPUSD Timeframe: 4H Bias: Bearish continuation unless structure shifts Market Context Price created a strong bullish impulse that topped out in a clear supply zone near the highs. After that rejection, the market shifted structure and started printing lower highs and lower lows. That was your first warning that buyers were losing control. Since that top, price has respected a clean descending trendline. Every rally into that trendline has been sold off. That confirms sustained bearish pressure. Structure Breakdown • Strong bullish expansion into supply • Rejection from higher timeframe supply zone • Break of bullish structure • Formation of lower highs • Clear descending trendline acting as dynamic resistance • Multiple supply zones stacked above price Right now price is trading inside a demand zone near the recent lows. This is a reaction area, not confirmation of reversal. Key Zones 1.Upper supply zone around previous highs This is where the strong sell-off originated 2.Mid-range supply zone Price reacted here and continued lower 3.Current demand zone Price is attempting a reaction, but momentum remains bearish What This Means The market is in a bearish phase. Buyers are reacting at demand, but they have not broken structure. Until we see: • A strong bullish impulse • A break above the descending trendline • A higher high on the 4H timeframe The overall bias remains to the downside. Scenarios Bearish scenario If price pulls back into the grey supply zone or into the descending trendline and shows rejection, continuation toward the lower support is likely. Bullish scenario If price breaks the trendline with momentum and closes above the recent lower high, that signals a potential short-term shift in structure. Trading Lesson Do not trade reactions. Trade structure. • Wait for pullbacks in a bearish market • Sell at supply, not in the middle • Confirm structure before switching bias • Protect capital first The market rewards patience, not emotion. This is pure structure. No guessing. No chasing. Just disciplined execution. If you understand this breakdown, study your charts the same way. Mark supply. Mark demand. Identify structure. Then act with precision.