GBPUSD Bearish Outlook | War Tensions Boost USD!British Pound vs US DollarFPMARKETS:GBPUSDJoeChampionHey Traders, In the coming week, we are monitoring GBPUSD for a selling opportunity around the 1.34800 zone. GBPUSD is currently trading in a downtrend and is undergoing a corrective phase, approaching a key trendline confluence and the 1.34800 support–resistance area. This level could act as a strong reaction zone where sellers may step back in, aligning with the broader bearish structure. From a fundamental perspective, the ongoing conflict and rising tensions in the Middle East are increasing global uncertainty. In this type of environment, safe-haven demand for the US Dollar typically strengthens, which could add further downward pressure on GBPUSD. If price shows rejection around this level, we may see continuation toward lower levels in line with the prevailing bearish trend. As always, wait for confirmation and manage risk carefully. Trade safe, Joe.