GBPUSD — DailyBritish Pound/US DollarFX:GBPUSDNewOneCryptoGBPUSD — Daily (D1) | Bearish Continuation Scenario Current price is trading below key resistance after a rebound from the upper boundary of the descending channel, suggesting the market is transitioning into the next impulsive bearish leg. 🧩 Technical Overview • Price rejected from the channel resistance, confirming sellers’ control. • The corrective rebound appears completed. • Market structure aligns with the formation of a third bearish wave within the broader downtrend. 📉 Bearish Scenario • Entry: 1.34175 • Stop-loss: 1.34975 (above the corrective high) • Downside targets: – 1.33546 — first support / momentum confirmation – 1.32792 — intermediate target – 1.32163 — lower channel area – 1.31055 — extended downside objective A breakdown below 1.3350 would strengthen continuation toward the lower targets. ⚙️ Market Context • Overall structure remains bearish on the daily timeframe. • Trend channel acts as a clear directional guide. • Momentum favors continuation rather than trend reversal while price stays below resistance. 🧭 Summary GBPUSD maintains a bearish bias below 1.34975. The rejection from channel resistance supports continuation toward 1.335 → 1.327 → 1.321 → 1.310.