GBPUSD analysis in H4 timeframe.

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This chart appears to represent a potential bearish setup for the GBP/USD currency pair, overview 4h timeframe.

Entry Zone: A specific price level around 1.2750-1.2780 is marked as the optimal entry zone for short positions. This zone likely aligns with a key supply area or resistance.

Stop Loss (SL): Positioned above 1.2900, protecting against further upward movement in case of an invalidation.

Target Points (TP):
TP1: Near 1.2520, where price may pause or reverse at a support zone.
TP2: Around 1.2307, a lower level anticipating a stronger bearish move.

Price is expected to reject the entry zone and move downward, respecting supply zones and breaking structure. This forecast aligns with SMC principles like liquidity grabs, supply zones, or bearish order flow.

ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Transaction en cours
snapshot
now trade is active and now waiting for drop. follow and boost it now.
Note
snapshot
210+ pips running enjoy your profits.
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