GBPUSD
Trade Levels
Trade Analysis
The GBP/USD is trading at 1.36204, just below a well‑defined bearish order‑block on the H4 chart that also formed an equal‑high‑low sweep, indicating aggressive selling pressure. Multi‑timeframe analysis shows the 4‑hour frame (27% retracement) and higher‑timeframe bias are both bearish, and the trade is triggered on a clear sell‑sweep with unusually high volume, while the OBV indicator diverges, signalling a potential reversal. The stop‑loss is placed at the recent structural high (1.36324), providing a tight risk‑reward. On the fundamental side, the UK’s Q4 GDP missed expectations, suggesting weaker growth, whereas the US labor market posted stronger‑than‑expected jobless‑claims data and the market anticipates a hawkish CPI release, both supporting a stronger dollar. The combination of a high‑probability technical setup and adverse macro fundamentals for the pound justifies a short position with three profit targets at 1.36132, 1.36048 and 1.35904.
