GBPUSD Distribution Phase → Bearish Breakdown Incoming

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GBPUSD Distribution Phase → Bearish Breakdown IncomingBritish Pound/US DollarFX:GBPUSDMR_GOLD_12GBPUSD strong bullish rally appears to have been driven by momentum and possible liquidity grabs. Now, the rejection at resistance suggests profit-taking and institutional selling pressure, increasing the probability of a corrective move downward. Tecnically price showed a sharp rejection, indicating the presence of strong sellers. The current structure suggests a potential shift from bullish momentum into a short-term bearish correction at the moment, which is acting as an intraday support. A minor pullback or consolidation could occur here before the next move. If price fails to reclaim the resistance zone and continues to hold below 1.3580 – 1.3600, we can expect further downside. A break below current support may lead price toward if buyers step back in and price breaks and holds above 1.3600, the bearish idea becomes weak. This could open the door for a continuation toward higher highs. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.