05/08/2026
GBPUSD sell setup looks valid after the SMT confirmation and bearish displacement. Price is reacting near the FVG zone, so waiting for a proper rejection or lower timeframe CHOCH/BOS confirmation would be safer before entry.
Sell Entry: 1.3600 – 1.3610
Stop Loss: 1.3638 above liquidity/FVG high
Take Profit 1: 1.3510 sell side liquidity
Take Profit 2: 1.3450 major liquidity zone
Risk management is important because price can still retrace deeper into the FVG before the bearish continuation move.