GBP/USD – 2H – SELL

The 2H GBP/USD signal is firmly bearish, with a cluster of indicators and candlestick patterns aligning to suggest a downward move. The Trendline Retreat Down indicates price has pulled back to a trendline and is now reversing, while the BOP Zero Cross Down and RSI OB Exit confirm weakening buying pressure. The STOCH KD Cross Down and WILLR OB Exit further corroborate bearish momentum, and the Fibonacci Break DownTrend (0%) signals a break below a key retracement level. The Bearish Engulfing and Belt Hold Bearish patterns on the candlestick chart add a clear visual confirmation of seller control.

However, the broader trend context is mixed. While the 2H signal is bearish, the higher timeframes (4H, 8H, 1D) are all bullish, which suggests this could be a corrective pullback within a larger uptrend. The nearest support at 1.34913 is a critical level to watch; a break below it could confirm a deeper correction, while a bounce from this level might invalidate the bearish signal. Conversely, resistance at 1.35301 is the immediate upside barrier. The strong probability (82%) and the confluence of multiple signal groups (candlestick, fibonacci, sr, indicator, trendline) lend weight to the bearish case, but traders should be cautious of the bullish higher timeframe trend.