GBPUSD: Rejection Expected from Daily Supply Zone Toward 1.3140

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GBPUSD: Rejection Expected from Daily Supply Zone Toward 1.3140GBP/USDOANDA:GBPUSDrezasorkhiFollowing up on our previous outlook where we anticipated a liquidity sweep into the Daily Supply Zone, GBPUSD has now delivered that exact expansion. Price has tapped directly into this key premium resistance block, completing the projected liquidity grab. With price now trading deep inside this supply area, institutional selling pressure is expected to take over. The market is projected to face a solid rejection from this zone, initiating a major macro bearish expansion targeting the key sell-side liquidity resting at the 1.3143 low. A sustained daily close above the upper boundary of this supply zone will invalidate this bearish scenario. What is your view on Cable—do you expect a direct drop from here, or a deeper push into resistance first? Share your perspective below! 📉🔥