GBPUSD: Sellers Awaiting a ReactionGBP/USDOANDA:GBPUSDParadise_NoirOn the H2 timeframe, GBPUSD is hovering around 1.32050 following a rather weak rebound from the support zone below. Notably, the price is approaching the immediate resistance level at 1.32260; however, a significant supply zone remains overhead near 1.3280, suggesting limited upside potential. The current structure resembles a technical rebound within a downtrend rather than a reversal signal. If the price fails to break above 1.32260, selling pressure could return quickly, pushing GBPUSD back toward the 1.31640 area—the nearest support level marked on the chart. Entry Focus: Prioritize SELL positions around 1.32180–1.32260 if a rejection candle appears. Target: 1.31640 Invalidation: The bearish scenario is invalidated if the price closes clearly above 1.32350 on the H2 timeframe.