GBPUSD — Sell From EMA Value Zone & Fibonacci LevelsGreat British Pound vs. US DollarFX:GBPUSDXAU_Macro_Pulse Fundamental Analysis GBPUSD remains under short-term pressure as traders continue to watch USD strength, U.K. data, and upcoming macro events. For now, the recovery has not confirmed a bullish reversal. Price is still trading below the key EMA resistance area, so pullbacks into value may continue to offer sell opportunities. Technical Analysis On the 2H chart, GBPUSD is trading around 1.3323 after a sharp bearish move from the upper range. Price is currently reacting near the strong support area, but the broader structure still favours sellers while the EMA 34, EMA 89, and EMA 200 remain above price. The key zone to watch is the EMA value zone around 1.3380 - 1.3395. This area also aligns with the Fibonacci 0.382 retracement and previous broken support. If price pulls back into this zone and rejects, sellers may regain control. There is also a short-term Fibonacci reaction level around 1.3355 - 1.3363, which can create a scalping sell reaction if price fails to recover strongly. As long as GBPUSD remains below the EMA value zone, the main bias stays bearish. A rejection from the Fibonacci retracement levels may send price back toward 1.3320, then deeper to 1.3260. Important Key Levels Current price area: 1.3323 Strong support area: 1.3315 - 1.3330 Sell scalping zone: 1.3355 - 1.3363 Main EMA value sell zone: 1.3380 - 1.3395 Fibonacci 0.382 value zone: 1.3380 - 1.3395 Upper invalidation area: above 1.3415 First downside target: 1.3315 Main downside target: 1.3260 Trading Scenario Main Sell Scenario Entry: 1.3380 - 1.3395 Stop Loss: 1.3415 Take Profit 1: 1.3330 Take Profit 2: 1.3315 Take Profit 3: 1.3260 Sell Condition The preferred setup is to wait for GBPUSD to pull back into the 1.3380 - 1.3395 EMA value zone. This area is important because it combines EMA resistance, Fibonacci retracement, and previous broken structure. A sell setup becomes more valid if price forms bearish rejection from this zone, such as a long upper wick, bearish engulfing candle, failed breakout, or lower high formation below the EMA structure. If price rejects from the value zone and breaks back below 1.3330, bearish pressure may continue toward 1.3315 and 1.3260. Entry Conditions Wait for price to retest 1.3380 - 1.3395. Look for bearish rejection before entering sell. Do not sell directly at strong support without a pullback. If price breaks and holds above 1.3415, the sell setup is invalid. Overall, the main view remains bearish while GBPUSD trades below the EMA value zone. The preferred plan is to wait for a corrective pullback into 1.3380 - 1.3395, then look for sell confirmation toward 1.3330, 1.3315, and 1.3260. Do you share the same bearish view on GBPUSD, or are you waiting for a cleaner rejection from the EMA value zone?