GBPUSD Bearish Outlook — Resistance Rejection in FocusGBP/USDOANDA:GBPUSDMrJasim_07GBPUSD 4H Bearish Setup | Weak High & Resistance Rejection GBPUSD is trading near the 1.3550–1.3560 area after a strong bullish recovery. The chart shows price approaching a major resistance zone, with a Weak High forming near the recent top. This area could become an important decision point between buyers and sellers. If price fails to sustain above resistance and bearish momentum develops, a corrective move toward the highlighted 1.3465 target zone could become possible. The overall setup favors watching for a potential bearish reversal, but confirmation remains important because GBPUSD is still holding a relatively strong short-term structure. 📉 Bearish Scenario: The bearish scenario becomes stronger if price rejects the 1.3550–1.3560 resistance area and starts forming lower highs with consecutive bearish candles. A confirmed move back below 1.3500–1.3480 would provide additional evidence that sellers are gaining control. If 1.3480 breaks with strong bearish momentum, the highlighted target zone around 1.3465 becomes the primary downside objective. Further weakness below 1.3465 could expose the 1.3420–1.3400 support region. 🎯 Bearish Targets: • TP1: 1.3500–1.3480 • TP2: 1.3465 • TP3: 1.3420–1.3400 • Extended target: 1.3350–1.3300 if the larger support structure breaks 📈 Bullish Scenario: The bearish setup would weaken if GBPUSD produces a strong 4H close above 1.3560 and successfully holds above the resistance zone. A breakout followed by a retest could confirm that buyers are continuing the existing bullish trend. If 1.3560 is reclaimed decisively, the next upside area could be around 1.3580–1.3600. Sustained bullish momentum above 1.3600 could open the way toward higher resistance levels. 🎯 Bullish Targets: • TP1: 1.3580 • TP2: 1.3600 • TP3: 1.3620–1.3650 • Extended target: 1.3680+ if strong bullish continuation develops 🔑 Key Points: • GBPUSD is testing resistance around 1.3550–1.3560. • A Weak High has formed near the current price region. • Rejection from resistance could trigger a short-term bearish correction. • 1.3500–1.3480 is the first important support area. • A break below 1.3480 would strengthen the bearish setup. • The main highlighted target is 1.3465. • 1.3420–1.3400 is the next major support area. • The larger support structure remains around 1.3300–1.3250. • A strong breakout above 1.3560 would invalidate the immediate bearish scenario. • Price action around the resistance zone should be monitored for confirmation. 📊 Trading Perspective: From a trading perspective, GBPUSD is at a critical area because price has rallied strongly into resistance. Rather than entering a short position simply because price is near the Weak High, traders can wait for confirmation through bearish rejection candles, a lower-high formation, or a break below 1.3500–1.3480. A confirmed breakdown below 1.3480 could create a cleaner bearish opportunity toward 1.3465. If sellers maintain momentum below that target zone, the next support areas around 1.3420–1.3400 could come into focus. For the bullish side, buyers remain in control if price continues to hold above support and breaks through 1.3560. A successful breakout and retest would suggest that the resistance has been absorbed and that the bullish trend may continue toward 1.3600 and higher. ⚠️ Risk Management: Avoid entering trades solely from a resistance or support touch. Wait for confirmation from candle closes and market structure. For bearish positions, traders can define invalidation around the resistance/Weak High structure, while bullish positions should be reassessed if price loses the important support zones. Use controlled position sizing and avoid risking more than your predefined amount on a single trade. Partial profit-taking around 1.3500, 1.3465 and lower support zones can help manage the position as the trade develops. Overall, GBPUSD is showing a potential bearish reversal setup around the 1.3550–1.3560 resistance zone. A rejection followed by a break below 1.3480 could open the path toward the 1.3465 target and potentially 1.3420–1.3400. However, a confirmed breakout above 1.3560 would shift the short-term outlook back toward bullish continuation, with 1.3600 and higher levels becoming the next areas of interest. 📉📈