🚨 GBPUSD Analysis (1 Day Timeframe)

Market is currently approaching a key supply zone that has been previously marked on the chart 📊

📊 Current Structure:

Price is moving into the supply area, where selling pressure is expected based on past price action.

🔍 Key Observation:

If we get a clear bearish pattern (like lower high / strong rejection / bearish engulfing) on the daily timeframe, it can confirm a potential downside move.

💡 Trading Plan:

👉 Wait for confirmation

👉 If bearish pattern forms → Look for SELL opportunity around 1.3000 level 📉

👉 No confirmation → Stay out (No trade)

⚠️ Risk Management:

Follow a strict 1:2 risk-to-reward ratio and always use a stop-loss. Avoid emotional trading.

🔥 Pro Tip:

“Confirmation is better than prediction.”

📌 Chart attached for reference.

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