GBPUSD — Bearish Continuation From EMA & Fibonacci Value ZoneGreat British Pound vs. US DollarFX:GBPUSDXAU_Macro_Pulse Fundamental Analysis GBPUSD remains under pressure as price continues to trade below the main EMA structure. For next week, traders should keep watching USD momentum, U.K. data, and broader risk sentiment. For now, the technical structure still favours sellers while recovery attempts remain capped below EMA resistance. Technical Analysis On the 4H chart, GBPUSD is still moving inside a bearish structure, with EMA 34, EMA 89, and EMA 200 positioned above price. This confirms that the broader trend remains bearish. Price recently broke below the strong support zone around 1.3305 - 1.3324 and continued lower toward 1.3170 - 1.3180. The current move looks like a short-term recovery after a strong bearish displacement, not a confirmed bullish reversal. The key sell zone is around 1.3305 - 1.3324. This area is important because it combines the previous strong support, Fibonacci 0.5 retracement, EMA resistance, and the support-turned-resistance structure. The second reaction area is around 1.3275 - 1.3285, near the Fibonacci 0.618 zone. This may offer a short-term sell scalping reaction if price fails to reclaim higher structure. The main downside target for next week is around 1.3090 - 1.3089, which aligns with the lower bearish projection and liquidity target on the chart. Important Key Levels Current price area: 1.3228 Sell scalping zone: 1.3275 - 1.3285 Main sell zone: 1.3305 - 1.3324 EMA resistance area: 1.3305 - 1.3370 Strong support turned resistance: 1.3305 - 1.3324 Short-term downside level: 1.3180 Main weekly target: 1.3090 - 1.3089 Invalidation area: above 1.3370 Trading Scenario Main Sell Scenario Entry: 1.3305 - 1.3324 Stop Loss: 1.3370 Take Profit 1: 1.3180 Take Profit 2: 1.3140 Take Profit 3: 1.3090 - 1.3089 Sell Condition The preferred setup is to wait for GBPUSD to pull back into the 1.3305 - 1.3324 sell zone. This area aligns with Fibonacci retracement, EMA resistance, and the previous support zone that has now turned into resistance. 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 below the EMA structure. If price rejects from the sell zone and breaks back below 1.3180, the bearish continuation view becomes stronger. The next downside focus would be 1.3140, followed by the weekly target around 1.3090 - 1.3089. Alternative Sell Scalping Zone Entry: 1.3275 - 1.3285 Stop Loss: 1.3325 Take Profit 1: 1.3228 Take Profit 2: 1.3180 Take Profit 3: 1.3140 Sell Condition This is the earlier sell reaction zone. It is only valid if price reaches 1.3275 - 1.3285 and shows clear bearish rejection below the main EMA resistance. If price breaks strongly above this zone, the better setup is to wait for the main sell zone around 1.3305 - 1.3324. Entry Conditions Wait for price to retest the Fibonacci sell zone. Look for bearish rejection before entering sell. A break below 1.3180 confirms stronger downside pressure. If price breaks and holds above 1.3370, the sell setup is invalid. Overall, the main view for next week remains bearish while GBPUSD stays below EMA 34, EMA 89, EMA 200, and the broken support structure. The preferred plan is to wait for a pullback into the Fibonacci and EMA value zone around 1.3305 - 1.3324, then look for sell confirmation toward 1.3180 and 1.3090 - 1.3089. Do you share the same bearish view on GBPUSD for next week, or are you waiting for a cleaner rejection from the EMA and Fibonacci value zone?