GBPUSD 4Hr Resistance Zone & Potential Bearish Setup. British Pound vs US DollarPEPPERSTONE:GBPUSDXris-CapitalfxI analysed GBPUSD on the 1-hour timeframe and identified a potential bearish setup around the 1.34120–1.34324 resistance zone. After a strong bullish move from the recent lows, price approached this resistance area, where I am watching for a possible bearish reaction. 📊 Trade Plan 🔴 Direction: SELL 🎯 Entry: 1.34008 🛑 Stop Loss: 1.34324 (31.6 pips) ✅ TP1: 1.33541 (46.7 pips) 🎯 TP2: 1.33327 (68.1 pips) 📈Risk-to-Reward TP1: 1:1.48 TP2: 1:2.15 The RSI is around 42, suggesting relatively weak momentum. However, I will continue monitoring price action for bearish confirmation before drawing a final conclusion. My Strategy: Identify the key resistance zone, define the entry, protect capital with a stop loss, and establish realistic profit targets before execution. Patience and risk management are essential. I will let price action determine whether this setup is valid rather than forcing a trade. This is my technical analysis and trade plan, not financial advice. #GBPUSD #ForexTrading #TechnicalAnalysis #PriceAction #RiskManagement