GBP/USD Under Pressure!Great British Pound vs US DollarCFI:GBPUSDCFIThe GBP/USD pair is trading in a downtrend, forming lower highs and lower lows. This decline is driven by increased demand for the US Dollar since the start of the Middle East conflict, as it is considered a safe haven. Additionally, markets are partially pricing in a potential shift in US monetary policy from easing back to tightening. As geopolitical tensions escalate, demand for the US Dollar continues to rise due to growing market fears. From a technical perspective, the British Pound against the U.S Dollars is trading within a general downtrend. If the price rises from current levels, it may decline again from the 1.34103 level, targeting 1.32354 as a first short to medium-term objective. However, if the price rises above 1.34791 and a four-hour candle closes above this level, this would invalidate the bearish scenario mentioned above and indicate the potential for renewed upward movement in GBP/USD.