Your actual bend may be near the barrel block but you don't really need to worry about straightening the barrel at that point. Bending the barrel at any point may be used to offset the effect of the downward bend. Yes, it would be ideal to remove the problem but for shooting purposes it's only necessary to compensate for it.
Here's how I bent my barrels: https://www.gatewaytoairguns.org/GTA/index.php?topic=167652.0You can put that bend exactly where you want it, exactly the way you want it.
I think most people are way too scared of barrel bending. Just stick it in the fork of a tree and pull. I've done this several times with the stock still on to get leverage, and I've been fine. No, I didn't break the stock. Now I'm no longer scared of doing it. Not really a big deal. Do it a little at a time. 5 minutes later your problem is solved. Just don't go full gorilla on it.
Getting closer. Think one more attempt will get it.* Dang attachment Pic is sideways, the group is actually about 1" low and 1" to the right.When you click on the pic to enlarge it straightens out.
Yesterday I optically centered my scope back to zero, took out the shim, and gave the barrel a few final tweeks and got it shooting straight. Tried several pellets and found H&N FTT in a 4.51 headsize right about an inch high at 10M with the best grouping, A couple clicks down on elevation and I am happy! Thanks for all the help folks!
as with many posting here I have been chasing barrel droop on my FWB 124 I started with the UTG drooper mount and that helped but not enough, then The Hawke rings with inserts, still not enough tried the rings on the UTG mount and way to much. Back to the UTG mount and shims under the scope, could not find the right thickness and did not like that it may have put extra stress on the scope tube. Bending the barrel terrified me but after reading all that have bent their barrels I built the jig and went to work with the big C clamp slowly moved the poi up and windage over. It took several bends on each but now I am dead on in elevation and less than 1" left at 20 yds. 8 clicks of windage and it is dead center. I'll leave it there and shoot it a while before I make any more changes.Thanks for helping me put my big boy pants on and overcoming my fears.Dennis