GBPUSD AnalysisLooking at the GBPUSD H1 chart you provided, here’s a breakdown of the current structure and a high-probability swing trade setup with a 1:5 risk-reward ratio:
Chart Observations:
• Price recently bounced off a higher low after making a clear impulsive drop and has started pulling back upward.
• There’s a bearish BBandSE signal with price stalling just beneath a previous structure high.
• Market structure is still bearish on H1 — this appears to be a lower high forming, making it a good setup for a swing short.
Swing Trade Setup (Sell)
Entry:
• Sell at: 1.3305–1.3310 (ideal entry near current price; retest zone of last bearish BBandSE signal)
Stop Loss:
• SL above recent high: 1.3345
• (This is above the most recent swing high where the price last reversed)
Take Profit (1:5 RR):
• TP at: 1.3130
• This is a strong prior demand zone / previous low from May 9th
Trade Summary: Use risk management
Parameter Value
Direction Sell (Short)
Entry 1.3305
Stop Loss 1.3345 (40 pips)
Take Profit 1.3130 (175 pips)
Risk: Reward 1:4.4–1:5
Why This Setup Works:
• You’re entering a lower high in a clear H1 downtrend.
• The Bollinger Bands Strategy confirms the sell signal (BBandSE).
• You’re targeting a previous liquidity zone (1.3130) where the price showed strong rejection before.
• R: R is extremely favourable; even if it retraces deeper, the structure gives enough room to protect your capital.
Disclaimer: This trade is not financial advice. It's just for learning. My team and I will not be responsible for any losses you incur
