Market Analysis

My GBPUSD plan:

📉 SELL LIMIT

Entry: 1.34878

Stop Loss: 1.34967

Take Profit: 1.34607

Approximately 8.9 pips risk for 27.1 pips potential reward, giving me roughly 1:3 R:R.

Now I wait for price to come to me.

I'm not selling GBPUSD at current price.

Why?

Price has already displaced lower. Selling after the move means accepting a worse price and potentially getting caught in the retracement.

My limit is sitting around 1.34878, where I want sellers to step back in.

Patience over FOMO.

The weak low around 1.3460 is one of the main reasons I'm still bearish on GBPUSD.

Liquidity remains below current price, while the recent structure continues to favor sellers.

If my sell limit gets activated, that's the liquidity I'm targeting. 🎯

GBPUSD has given me what I want structurally:

Bearish order flow ✅

BOS to the downside ✅

Retracement POI identified ✅

Weak low/liquidity below ✅

Defined invalidation ✅

Now there's nothing left to do except wait.

Entry 1.34878 | SL 1.34967 | TP 1.34607

A good bias doesn't automatically mean a good entry.

I'm bearish GBPUSD, but I still want price at the right location.

That's why my sell limit remains at 1.34878 instead of chasing price around 1.3473.

Let price retrace. Let liquidity develop. Then execute the plan.

GBPUSD is a good example of why I follow structure rather than individual candles.

The bigger picture is still delivering lower prices, and the latest bearish BOS reinforces that narrative.

As long as 1.34967 protects the setup, I'm targeting 1.34607.

GBPUSD SELL LIMIT 📉

Entry: 1.34878

SL: 1.34967

TP: 1.34607

The stop isn't just a random number—it's where I consider this particular setup invalidated.

If price reaches it, I take the loss and move on.

If sellers defend the POI, I'm looking for expansion into the weak low.

GBPUSD sell setup on my radar. 📉

The bearish structure remains intact after price delivered a clear BOS to the downside.

Rather than chasing price after the displacement, I'm waiting for a retracement back into my POI.

Sell Limit: 1.34878

SL: 1.34967

TP: 1.34607

Gbpusd is at that high and it will definitely sweep above it, before either reversing or continuing