📉 GBP/USD (GU) Weekly Outlook – July 15–19, 2025
🔍 Price Enters Extreme Discount – Bounce or Breakdown?
After a clean break in structure and multiple bearish rejections, GBP/USD has entered extreme discount territory. Price is now testing a high-probability reaction zone near the weak low around 1.3440.
📊 Key Technical Zones:
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🔻 Weak Low: 1.3440
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🔵 1H OB (HP) below weak low: Potential liquidity draw
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🔺 Retracement Targets:
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0.25 = 1.3500
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0.50 = 1.3535
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0.75 = 1.3575
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🟥 FVG resistance zone: 1.3575–1.3600
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🧲 Draw on liquidity: Sub 1.3440 or PDH rejection area
🧠 Base Case:
📈 Expecting a short-term bullish reaction from the extreme discount zone
📉 Bias remains bearish overall unless structure shifts decisively
🎯 Weekly Trade Plan:
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✅ Plan A: Watch for bullish CHoCH near 1.3440–1.3450
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TP1: 1.3500
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TP2: 1.3535–1.3575
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🔁 Plan B: If price sweeps lower into OB (below 1.3440) → Look for bullish structure shift on LTF
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❌ Invalidation: Sustained break and close below 1.3425 → opens path toward 1.3360s
📌 Price is deep into discount, but without confirmation there is no trade. Patience for reaction setups is key.