GBPUSD | Bearish Retest From Resistance Zone

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GBPUSD | Bearish Retest From Resistance ZoneGBP/USDOANDA:GBPUSDAurum_ForexGBPUSD is currently testing a key resistance area around 1.3244 - 1.3247, highlighted by the blue supply zone. Price previously rallied into this region but has struggled to establish acceptance above it, keeping the short-term bearish scenario in consideration. The overall structure suggests a potential rejection from resistance, with price attempting to form another lower high beneath the major resistance zone near 1.3260. 🎯 Targets ✅ Target 1: 1.3230 ✅ Target 2: 1.3218 ✅ Target 3: 1.3205 📌 Technical Confluences Resistance retest in progress Rejection zone aligns with recent swing highs Potential lower-high formation Bearish reaction area remains valid below 1.3260 resistance Note: This analysis is based purely on chart structure and price action. It is not financial advice. Always manage risk according to your own trading plan.