GBPUSD Consolidation bearish structureBritish Pound vs US DollarFPMARKETS:GBPUSDMrMartin_11GBP/USD is currently consolidating within a bearish trend structure. If price reacts to the descending trendline and shows rejection from this area, further downside movement is expected as bearish momentum resumes. Fundamentally, sterling weakened on Wednesday following an unexpected drop in UK inflation data. This decline strengthened expectations that the Bank of England may begin cutting interest rates sooner than anticipated. Meanwhile, the US dollar gained strength as markets awaited key central bank decisions and guidance from Federal Reserve officials. Technically price previously pushed higher aggressively but failed to sustain gains after reaching a major resistance zone. The bearish rejection from this level suggests weakening bullish momentum. As long as price remains below this resistance and the broader trend structure stays intact, the downside bias remains valid. If buyers fail to hold price above the current consolidation zone, GBPUSD could decline toward the next key support levels, with downside targets around 1.33500, followed by 1.32502. 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.