If price fails to break above 1.3420 and closes below 1.3395–1.3GBP/USDOANDA:GBPUSDMr_expert_08GBP/USD Analysis (15M) Current Price: 1.34070 Market Structure The pair has made a strong bullish rally into a major resistance zone around 1.3415–1.3420. Price is now rejecting resistance, showing that buyers are losing momentum. The previous downtrend line (trade line) is still acting as an important dynamic support. Bearish Scenario If price fails to break above 1.3420 and closes below 1.3395–1.3400, sellers could take control. The next bearish targets are: Target 1: 1.3375 Target 2: 1.3355 Target 3: 1.3335 (trendline support) Bullish Scenario A strong candle close above 1.3420 would invalidate the bearish idea. In that case, GBP/USD could continue higher toward 1.3440–1.3450. Trading Idea Bias: Bearish while below 1.3420. Wait for bearish confirmation (rejection candle or lower high) before considering a sell. Avoid entering solely based on the drawing—wait for price confirmation and manage risk with an appropriate stop-loss.