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10/09/2026
10/09/2026

GBPUSD is trading inside a bearish continuation setup. Price is retracing into a higher-timeframe / lower-timeframe supply zone around 1.34600–1.3500, where liquidity is expected to be taken before rejection. The preferred idea is to wait for price to sweep the liquidity above recent highs, reject the supply zone then wait for bearish confirmation, the safer option is bearish confirmation below the marked Thursday low / 4H close level. If confirmed, downside targets sit toward 1.33500, then 1.32000–1.31800 monthly demand.

https://www.tradingview.com/chart/GBPUSD/eBOoMRZC-GBPUSD-Potential-Shorts/?social_toast=true

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