GBPUSDGBP/USDOANDA:GBPUSDHAMED_AZHello Traders! 👋 What are your thoughts on GBPUSD? Following a powerful bullish rally, GBP/USD has reached a critical technical junction. The current price action suggests trend exhaustion and a potential shift in market sentiment from bullish to bearish. The price has faced strong rejection after hitting a key resistance zone between 1.3600 and 1.3800 (highlighted by the red box). The pair had been trading within a medium-term ascending channel, but it has recently broken below the lower boundary. This breakout serves as a primary signal that the previous bullish cycle may be concluding. Given the trendline breach and the heavy resistance overhead, the expected path for GBP/USD is as follows: Short-term Consolidation or minor fluctuations to build liquidity. A potential pullback to retest the broken trendline. Bearish continuation toward lower targets A sustained breakout and weekly close inside the red box (specifically above 1.3850) would invalidate the bearish outlook. In such a case, the path opens up for higher targets toward 1.4000+. Since this is a Weekly timeframe analysis, exercise patience and look for lower-timeframe confirmations (Daily/H4) before executing trades. Please don’t forget to like and share your thoughts in the comments! ❤️