GBPUSD SHORT · FOREX

Cable was rejected at 1.3492 and is building lower highs inside the broader 1.343–1.349 range. I'm fading the retest of the 1.346–1.347 supply zone, looking for a rotation back into the 1.3446 demand. RSI is mid-range (~55), so this is a range-fade, not a trend trade — the edge is supply holding on the retest. Entry: 1.3463 (sell limit at supply) Stop: 1.3469 Target: 1.3446 (scale at 1.3453) A 15M close above 1.3470 invalidates it — no hold above supply, no trade.