📉 GBPUSD Analysis Market Structure & Trade Outlook (15M Timeframe)

GBPUSDis currently respecting a clear bearish market structure after breaking below the recent Higher-Low (HL) level. The Break of Structure (BOS) confirmed bearish control, pushing price into a new downside leg.

🔻 Market Structure

• Price has created a fresh lower low, confirming continuation of the downtrend.
• Previous bullish demand zone (highlighted in blue) failed to hold, signalling weakening buyers.
• Current reaction shows price trading near intraday lows, maintaining bearish sentiment.

🔴 Supply Zones Identified

Two important supply areas are visible:

1. Major supply zone at the top (red), expected to act as strong resistance.
2. Internal supply zone that caused the last impulsive drop.

If price retraces into these supply zones, sellers may re-enter the market.

🟢 Bullish Retracement Possibility

Price is currently showing a minor corrective bounce.
A pullback into the supply zones may offer sell opportunities aligning with the higher-timeframe trend.

🎯 Trade Prediction (Based on Chart Zones)

• Sell Zone: 1.3140 – 1.3180 (major supply)
• Target TP: 1.3030 – 1.2980
• Stop Loss: Above 1.3180 zone

📌 Why Bearish?

• Strong BOS on the downside
• Failure of demand
• Momentum clearly favors sellers
• Clean liquidity areas below price remain unmitigated

📉 Overall Outlook

GBPUSD remains bearish, and any pullback into the highlighted supply zones may give continuation setups toward the lower liquidity targets.