GBP/USD – 30M | Supply Zone Rejection

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GBP/USD – 30M | Supply Zone RejectionBritish Pound/US DollarFX:GBPUSDQUANTSUTRAGBP/USD has been in a clear downtrend, consistently forming lower highs and lower lows. Currently, price has tapped into a key supply zone around 1.3480 – 1.3490, where sellers are expected to regain control. A short position is triggered with: Entry: 1.3480 Stop Loss: 1.3490 (above supply zone) Target: 1.3450 (nearest demand) This setup provides a favorable risk-to-reward ratio, aligning with the broader bearish momentum. If sellers maintain pressure, we may see further downside continuation toward 1.3440 and below. #GBPUSD #Forex #TradingView #PriceAction #SupplyDemand #FX