GBPUSD H1 Liquidity Grab and Bearish Pullback Setup

📝 Description
GBPUSD price has rallied into a higher-timeframe liquidity zone after a strong impulsive leg, tapping premium levels and reacting near prior highs. Current structure suggests the move is corrective rather than the start of a new bullish leg.
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📈 Signal / Analysis
Primary Bias: Bearish while price remains below the H1 liquidity high
Preferred Setup:
• Entry: 1.3442
• Stop Loss: Above 1.3454
• TP1: 1.3420
• TP2: 1.3406
• TP3: 1.3386 (HTF draw / lower liquidity)
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🎯 ICT & SMC Notes
• Buy-side liquidity taken near H1 highs
• Bearish displacement respected on lower timeframes
• Downside liquidity remains the primary draw
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🧩 Summary
As long as price holds below the recent liquidity high, the structure favors a bearish pullback targeting lower H1 liquidity pools before any potential stabilization.
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🌍 Fundamental Notes / Sentiment
With USD maintaining relative strength and no fresh GBP catalyst, short-term sentiment supports corrective downside rather than bullish continuation.
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⚠️ Risk Disclosure
Trading involves substantial risk and may result in capital loss. This analysis is for educational purposes only and does not constitute financial advice. Always apply proper risk management, predefined stop-loss levels, and disciplined position sizing aligned with your trading plan.