GBPUSD Bearish Setup — Resistance Rejection Signals DownsideGBP/USDOANDA:GBPUSDMrJasim_07# GBPUSD 4H Bearish Reversal — Resistance Rejection and Downside Targets GBPUSD is showing signs of bearish pressure on the 4-hour chart after facing rejection from the 1.3550–1.3570 resistance region. Price has recently moved lower from the upper supply area and is now trading around 1.3588, with the chart structure suggesting that sellers may attempt to extend the decline if price fails to reclaim the key resistance levels. The overall setup remains focused on a potential bearish continuation toward the highlighted support and target zones. 📉 Bearish Scenario: The primary bearish scenario remains valid while GBPUSD stays below the 1.3628–1.3650 resistance region and continues to respect the recent lower-high structure. A sustained rejection from the 1.3590–1.3628 area could encourage sellers to push price toward 1.3547 first. A confirmed break below 1.3547 would strengthen the bearish outlook and could open the way toward the next support around 1.3500–1.3490. If selling pressure continues and the 1.3490 region fails, the larger downside target around 1.3474 becomes the key level to watch. A deeper breakdown could potentially expose the 1.3435–1.3400 area shown within the broader support zone. 🎯 Bearish Targets: • TP1: 1.3547–1.3550 • TP2: 1.3500–1.3490 • TP3: 1.3474 • Extended target: 1.3435–1.3400 📈 Bullish Scenario: The bearish structure would weaken if buyers regain control and price successfully breaks above the 1.3628 resistance level. A strong 4H candle close above 1.3628, followed by a successful retest, could signal that the recent pullback was only a temporary correction. If GBPUSD establishes acceptance above 1.3650, bullish momentum could return toward the recent weak-high area around 1.3670 and potentially higher levels. Traders should therefore watch the 1.3628–1.3650 zone carefully because a decisive breakout could invalidate the immediate bearish setup. 🎯 Bullish Targets: • TP1: 1.3628 • TP2: 1.3650–1.3670 • TP3: 1.3700 • Further upside possible if 1.3700 becomes established as support 📊 Trading Perspective: From a trading perspective, GBPUSD is positioned between a major resistance area above and important support levels below. The cleaner bearish opportunity would be confirmed by continued rejection from resistance followed by a break of nearby support. Rather than chasing the move in the middle of the range, traders may prefer to wait for a clear reaction at 1.3628–1.3650 or confirmation below 1.3547. If price retests the resistance zone and forms bearish candles, lower highs, or a failed breakout, it could provide stronger confirmation for the downside scenario. The first important checkpoint for sellers is 1.3547, followed by the 1.3500–1.3490 support region. A decisive break through these levels could increase the probability of a move toward 1.3474. The broader structure should also be monitored because GBPUSD has previously produced a strong upward move from the lower levels. Therefore, the current bearish setup can be viewed as a potential pullback or reversal attempt rather than an unconditional long-term bearish trend. 🔑 Key Points: • GBPUSD is facing rejection around the 1.3550–1.3570 resistance area. • The 1.3628–1.3650 region is the major resistance and bearish invalidation area. • Sellers need continued rejection below resistance to maintain downside pressure. • A break below 1.3547 could provide additional bearish confirmation. • The 1.3500–1.3490 zone represents an important intermediate support area. • The major chart target is around 1.3474. • A deeper bearish breakdown could expose 1.3435–1.3400. • A strong 4H close above 1.3650 would weaken the bearish setup considerably. • A confirmed breakout above the recent high could shift the market back toward bullish continuation. • Candle-closing strength and retests should be monitored around all major levels. • Volume and market structure can help confirm whether the move is genuine or simply a temporary pullback. • Risk management is essential because GBPUSD can react sharply around major economic releases and liquidity zones. ⚠️ Risk Management: This setup represents a technical market scenario and does not guarantee future price movement. Traders should avoid excessive leverage and consider placing stop-loss levels beyond meaningful invalidation zones rather than using arbitrary distances. For the bearish setup, sustained strength above 1.3650 would be an important warning that sellers may be losing control. Overall, GBPUSD currently presents a potential 4H bearish reversal setup, with resistance keeping the downside scenario active. The key bearish confirmation would be a rejection followed by a break below 1.3547, opening potential targets around 1.3500, 1.3474 and eventually 1.3435–1.3400. However, a decisive breakout above 1.3628–1.3650 would shift the outlook toward bullish continuation and should be treated as a major change in market structure.