GBP/USD Bearish Chart Pattern on 2H ......British Pound Sterling / United States DollarCMCMARKETS:GBPUSDFX_AGENCYGBPUSD (2H) Bearish Analysis 1. Chart Structure The chart shows a bearish channel (blue box) – price is respecting the downward slope. The red arc highlights a rounded top pattern, a strong reversal signal. Recent candles show failure to hold higher levels, confirming sellers are in control. --- 2. Entry & Current Zone Entry Zone: Around 1.1110 – 1.1120 (bearish rejection area). Price failed to break higher and is now trending back inside the bearish structure. --- 3. Bearish Targets Target 1: 1.1070 → First demand zone & short-term liquidity grab. Target 2: 1.1045 → Stronger support & midpoint of the structure. Target 3: 1.1010 → Final major support & completion of full channel move. --- 4. Stop-loss & Invalidation Stop-loss: Above 1.1145 – 1.1150 Reason: A breakout above this zone would invalidate the bearish channel and shift structure back bullish. --- 5. Risk–Reward Setup Entry: 1.1110 SL: 1.1150 (40 pips risk) TP1: 1.1070 (+40 pips → R:R = 1:1) TP2: 1.1045 (+65 pips → R:R ≈ 1.6) TP3: 1.1010 (+100 pips → R:R = 2.5) --- 6. Professional View GBPUSD is in a bearish channel continuation. Rounded top + rejection from channel resistance confirm further downside pressure. Best strategy: Short from 1.1110 zone, scale out profits at TP1 & TP2, and hold remainder for TP3. ✅ Summary (Pro Signal) GBPUSD short from 1.1110, SL above 1.1150, targets 1.1070 / 1.1045 / 1.1010. Bearish channel + rounded top + resistance rejection = strong downside continuation.