gbpusd h4 analysis

GBPUSD H4 Analysis 📊

Price broke below the ascending structure after multiple rejections from resistance zone. Bearish momentum remains strong while market trades inside a descending channel.

🔹 Resistance Zone: 1.3440 – 1.3520

🔹 Support Targets: 1.3300 – 1.3160

🔹 Bias: Bearish continuation

Possible scenario:

A short-term pullback toward resistance is possible before sellers continue targeting lower liquidity areas. Market structure still favors downside pressure. ⚡

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