GBP/USD Technical Analysis – Bearish Structure HoldsBritish Pound/US DollarFX:GBPUSDHenrybillionThe GBP/USD pair continues to follow a clear bearish structure, forming a consistent series of lower highs and lower lows. After retesting the 1.3330–1.3340 resistance zone, price rejected strongly, confirming that sellers still control the short-term trend. - Technical Breakdown Market Structure: The sequence of Lower Highs and Lower Lows remains intact, indicating strong downside momentum. Key Resistance: 1.3330 – 1.3340, aligning with the previous supply zone — a high-probability area for bearish reaction if retested. Key Support: 1.3210 – 1.3220, which could act as a short-term profit-taking or reaction zone. EMA 50 & 200: Both moving averages are sloping downward, reinforcing the bearish trend. RSI (H1): Holding below the 50 level, showing weak buying momentum and room for further downside movement. - Trade Setup Scenario 1 – Trend-Following Sell Setup (Preferred): Sell Limit: 1.3330 – 1.3340 Stoploss: 1.3360 Take Profit 1: 1.3250 Take Profit 2: 1.3210 Scenario 2 – Continuation Play: If price breaks and closes below 1.3210, expect further downside expansion toward 1.3160 in upcoming sessions. - Market Outlook FactorOutlook Main TrendBearish Price StructureLower Highs – Lower Lows MomentumBearish Bias Preferred StrategySell on pullback to resistance - The market is showing classic distribution behavior — patience and confirmation are key before entry. Save this analysis if it helps your trading plan, and stay tuned for further GBP/USD updates.