GBPUSDBritish Pound/US DollarFX:GBPUSDHAMED_AZHello Traders! 👋 What are your thoughts on GBPUSD? The GBPUSD pair has recently undergone a significant structural shift. Following a break below the Ascending Trendline and a key Support Zone, the price is currently in the process of completing a pullback to this newly established resistance area. The market structure has turned bearish, characterized by the formation of Lower Highs, signaling a transition from bullish to bearish momentum. The previously broken support level is now acting as a solid resistance zone, where the price is currently retesting for liquidity. After a period of consolidation and the completion of the pullback in this zone, a continuation of the downward move toward lower support levels is highly anticipated. As long as the price remains below the recent swing high, the bias remains bearish. We expect the selling pressure to intensify once the current corrective phase concludes. Please don’t forget to like and share your thoughts in the comments! ❤️