GBPUSD: bearish potentialBritish Pound vs United States DollarTICKMILL:GBPUSDTrade8Eight🛠 Technical Analysis: On the daily timeframe, GBPUSD remains under bearish pressure after another failed recovery into the 1.3470–1.3550 resistance cluster. Price is trading below all three major moving averages, with the SMA 50, SMA 100, and SMA 200 all acting as overhead dynamic resistance and reinforcing the weak structure. The recent bounce from the 1.3220 area formed a short-term rising support line, but the rebound lacked follow-through and was rejected before reaching the upper supply zone. This suggests the move higher was corrective rather than a true reversal of the broader downswing. The key near-term battle is now around the 1.3220–1.3250 support region, which has already reacted several times on the chart. If sellers force a daily breakdown below that base, the next major downside target comes into view near 1.3050. Only a sustained recovery back above 1.3470 and then 1.3550 would weaken the current bearish overview. ——————————————— 📌 Market Overview: GBPUSD is sitting just above a critical daily support zone, and the main focus now is whether this base holds for another rebound or finally gives way and opens a broader move toward 1.3050. ——————————————— ⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.