GBPUSD: Why 1.34000 is a High-Probability Selling Zone Right NowGreat British Pound vs. US DollarFX:GBPUSDPremiumTrader57The Big Picture: The pound has been in a dominant bearish trend for some time. Even though we saw a small upward move recently, this appears to be nothing more than a classic Buy Side Liquidity grab — a trap for buyers before the real move lower resumes. Key Technical Confluences at 1.34000:Strong Bearish Order Block sitting at this level (institutional supply area) Multiple previous rejections from this zone Overall market structure remains bearish with lower highs and lower lows The recent minor bullish structure is losing momentum fast Expected Scenario: Price is likely to reject from the 1.34000 region and continue the downtrend. This is one of the cleanest sell setups we’ve seen in recent sessions because of the strong confluence between the Bearish OB and the higher-timeframe bearish trend. Trade Plan: Sell Entry: Around 1.34000 Stop Loss: Above 1.3425 Targets: First Target: 1.3360 Second Target: 1.3320 Final Target: 1.3280 – 1.3250 This setup offers excellent risk-to-reward with clear invalidation level. This is not financial advice. Always do your own analysis and manage risk carefully.