GBP/USD Technical Analysis Bearish Pressure Below Key Resist

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GBP/USD Technical Analysis Bearish Pressure Below Key ResistBritish Pound vs US DollarFPMARKETS:GBPUSDKimYunaJournalDaily Structure Suggests Possible Move Toward Trendline Support Technical Analysis: GBP/USD on the daily timeframe is currently trading below a significant resistance level near 1.3520 after failing to sustain upward momentum. The rejection from this area indicates that sellers remain active around this level, preventing further bullish continuation. Price action shows a gradual shift toward a short-term bearish structure following the recent high near the 1.38 region. Since that peak, the pair has been forming lower highs while drifting toward the rising trendline support visible on the chart. At the moment, price is consolidating around the 1.33–1.34 region. This zone is acting as a temporary support, but continued pressure from sellers could lead to a deeper move toward the ascending trendline, which lies around the 1.3250–1.3300 area. If the pair reaches this trendline support and buyers step in, it could trigger a technical rebound and attempt another move toward the 1.3520 resistance zone. However, if the trendline support fails to hold, GBP/USD may extend its decline toward the 1.3100 region, which represents the next significant support area within the broader structure. Key Levels: Resistance: 1.3520 Support: 1.3300 / 1.3100 Bias: Short-term Bearish while price remains below 1.3520.