📌 GBPUSD Multi-Timeframe Technical Analysis (H4 Trend + M15 Entry)

Market Price: ~1.3149

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1️⃣ H4 TIMEFRAME – TREND & STRUCTURE

✔ Overall Trend: Bearish

From the H4 chart:

• Price is consistently below the 200 EMA (yellow line).
• Market has been forming lower highs + lower lows since mid-October.
• Recent rally is only a pullback toward mid-band resistance (red mid Bollinger / dynamic resistance).
• Price is failing at 1.3180–1.3200 resistance zone, showing rejection wicks.

Key H4 Resistance Levels

• 1.3200 – Major swing resistance
• 1.3180 – Bollinger midband + dynamic resistance
• 1.3240 – Upper mid-range resistance

Key H4 Support Levels

• 1.3100 – Minor support
• 1.3050 – Next support
• 1.3000 – Psychological support

Bias: Trend-following → SELL ONLY.

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2️⃣ M15 TIMEFRAME – ENTRY EXECUTION

Current M15 Market Behavior

• Price is consolidating below 1.3180, forming a small triple-top structure.
• Momentum weakening near resistance.
• Short-term support at 1.3130–1.3140 looks ready to break.
• Every rally is being rejected by M15 50/200 EMA stack (bearish alignment).

Candlestick Confirmation Needed

Look for one of the following on M15 before entering:

✔ Bearish engulfing
✔ Pin bar rejection from 1.3180
✔ Break + retest of 1.3140 support

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3️⃣ HIGH-PROBABILITY TRADE SETUP (TREND FOLLOWING)

📉 SELL Setup (High Probability)

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🔹 Entry Zone (Two Options)

Primary Entry (Safer):

→ Sell at 1.3140 break + retest
(Price currently sitting on this level)

Aggressive Entry (Best R:R):

→ Sell between 1.3170 – 1.3185
(Rejection zone + H4 dynamic resistance)

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🔸 Stop-Loss (Based on Market Structure)

Place SL above the swing high + H4 resistance

→ SL: 1.3215

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🔸 Take Profit Targets (Trend-Based)

Target	Level	R:R
TP1	1.3100	~1:2
TP2	1.3050	~1:3
TP3	1.3000	~1:5