GBPUSD – Bearish Retracement | 1H TimeframeBritish Pound vs US DollarPEPPERSTONE:GBPUSDXris-CapitalfxGBPUSD has made a strong bullish move into a key resistance/supply zone. I am anticipating a possible rejection from this area, followed by a bearish retracement. Trade Plan: Entry: 1.34984 Stop Loss: 1.35212 TP1: 1.34474 TP2: 1.34197 Risk-to-Reward: TP1: 1:2.24 TP2: 1:3.45 My expectation is for sellers to take control and push price towards the identified downside targets. I will be Holding my position around the resistance zone . Patience. Precision. Risk management. #GBPUSD #ForexTrading #PriceAction #TechnicalAnalysis