GBPUSD is approaching a high-probability reversal area where multiple technical factors align.
Rather than selling immediately into resistance, I’m waiting for bearish confirmation before considering any short position.
Why This Area Matters
Price is trading inside a Higher Timeframe (H1) Bearish Order Block.
A long-term descending trendline intersects the same area, creating strong confluence.
The market has started printing lower highs after the recent bullish expansion.
This is a premium pricing zone where buying becomes less attractive and sellers may begin to step in.
My Trading Plan
I’m not selling the first touch.
My preferred approach is to wait for:
A clear bearish rejection.
Confirmation that sellers are defending the H1 Order Block.
Acceptance below the highlighted confirmation level.
Only after confirmation would I consider looking for short opportunities.
Invalidation
If price closes decisively above the H1 Bearish Order Block and holds above the trendline, the bearish setup becomes significantly weaker and I’ll reassess the market.
Downside Objectives
If the rejection develops as expected, I’ll monitor:
Internal sell-side liquidity.
Previous swing lows.
The H1 Bullish Order Block, which represents the primary demand zone and my main downside objective.
This analysis is based on probabilities, not predictions. Confirmation is more important than anticipation.
This is my personal market view and not financial advice.
Entry Checklist
✅ H1 Bearish Order Block respected.
✅ Bearish rejection candle.
✅ Lower High maintained.
✅ Confirmation below the marked level.
❌ No entry without confirmation.