GBP Bearish Outlook | Potential GBP Short Setup

The GBP is currently showing signs of weakness as it approaches a key resistance zone. Price action suggests a potential bearish reversal, with lower highs forming and momentum indicators signaling exhaustion. A rejection from this level could lead to a continuation of the downtrend. Traders may look for short opportunities upon confirmation of a breakdown below support, with potential targets at previous swing lows.

Key Points:

Price testing major resistance zone.

Bearish candlestick patterns visible.

Momentum divergence / overbought RSI (if applicable).

Potential short entry on breakdown with tight risk management.
This is just idea not financial advice