British Pound / U.S. Dollar
Short
Updated

GBP/USD H4 Sell Setup chart

240
GBP/USD H4 Sell Setup chart and the marked bearish trend line break, here are suggested Take Profit (TP) levels for short position:

📉 Entry Zone:

Current price area: 1.3590 – 1.3595

🎯 Take Profit Levels (TPs):

1. TP1: 1.3500 — first support level, near recent swing low.


2. TP2: 1.3440 — continuation zone toward deeper support.


3. TP3: 1.3390 — major support zone (also marked in your chart).


4. TP4 (Final Target): 1.3340 — extended bearish target if trend momentum continues.

🛑 Suggested Stop Loss (SL):

Above recent swing high: Around 1.3720
(Above bearish trendline to protect against invalidation
Trade active
Target 1 hit
Trade closed: target reached
All targets successful
Cordially congratulation, what a successful trade.

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