GBPUSD Bearish Reversal Setup | Uptrend Losing MomentumBritish Pound/US DollarFX:GBPUSDFrankAgboGBP/USD is showing signs of weakness after an extended bullish move, and a deeper correction could be approaching π --- **π Market Structure Breakdown:** * Price maintained a strong **ascending trendline** for weeks * Recently, bullish momentum started slowing near resistance * Current rejection suggests buyers may be exhausted The market is now sitting at a key decision zone where a breakdown could trigger strong bearish continuation. --- **π― Trade Setup (Sell Bias):** * **Entry Zone:** 1.3480 β 1.3550 * **Stop Loss:** Above 1.3680 (above resistance) * **Take Profit Targets:** * TP1: 1.3360 (minor support) * TP2: 1.3230 (major support / liquidity zone) --- **π Why This Setup Looks Clean:** * Rejection from higher prices * Weak continuation after bullish push * Possible break of trendline support * Strong **risk-to-reward opportunity** --- **β οΈ Invalidation Scenario:** * Strong bullish close above 1.3680 * Buyers reclaim momentum * Formation of new higher highs --- **π§ Smart Money Insight:** Strong trends usually donβt reverse instantly β they first show signs of exhaustion. Multiple rejections near highs often indicate liquidity distribution before the real move begins. --- **π¬ Summary:** If GBPUSD loses trendline support, we could see a move toward 1.3360 and potentially 1.3230. This setup favors patience and confirmation over aggressive entries. ---