GBP/USD Analysis – H1 Prediction for 06/02/2025

GBP/USD Analysis – H1 Outlook for 06/02/2025
📉 Bearish Bias Expected

🔹 Current Price: 1.24876
🔹 Key Fibonacci Levels:

0.618: 1.24965 (Resistance)
0.786: 1.24820 (Critical Level)
🔹 Market Structure:

Break of Structure (BOS) Confirmed
Fair Value Gaps (FVG) Below Price
Expected Price Drop to 1.24633-1.24684 Zone
Deeper Target: 1.23738-1.23741
🔹 Trading Plan:
✅ If price respects 1.24876 resistance, expect further downside.
✅ If price reclaims 1.2506, bearish bias weakens.

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