GBPUSD MARKET ANALYSISGBP/USDOANDA:GBPUSDRohan_analystGBP/USD is currently showing bearish short-term momentum on the 2H timeframe after a strong rejection from the higher resistance area. The recent sell-off created a decisive Break of Structure (BOS), indicating that sellers have gained short-term control. Price is now attempting a small recovery, which could provide a potential retracement opportunity. 📉 BEARISH SCENARIO — PULLBACK & CONTINUATION Price has moved below the recent structure and is trading under the 1.3580–1.3620 supply/FVG region. The 1.3610–1.3620 FVG Supply Zone is an important area to monitor. If GBPUSD retraces into this zone and produces clear bearish rejection, sellers could attempt another downside continuation. The higher 1.3640–1.3660 resistance zone also represents significant swing-high liquidity. A rejection from this region would further strengthen the bearish structure. Rather than chasing the current sell-off, a controlled pullback into the FVG/supply area followed by confirmation would provide a cleaner risk-to-reward setup. 🎯 DOWNSIDE TARGETS TP1: 1.35190 TP2: 1.35007 TP3: 1.34805 The 1.3480–1.3500 area is an important support/liquidity zone where price could potentially react. Traders should consider partial profit-taking and risk management as price approaches each target. 🔴 MARKET VIEW The short-term structure remains bearish while GBPUSD stays below the 1.3610–1.3620 supply/FVG area. Lower highs, bearish BOS, and the strong impulsive decline continue to favor sellers However, if price successfully reclaims 1.3620 and sustains above the supply zone, the bearish setup could weaken and a deeper recovery toward the 1.3640–1.3660 resistance area may develop. your support means a lot! If you found this analysis useful, leave a Like and tell me your thoughts in the comments. Best of luck with your trading journey! 🚀