GBPUSD 1H – Bearish Channel Breakdown After Compression PhaseBritish Pound/US DollarFX:GBPUSDLeoGoldFXOn the 1-hour timeframe, GBPUSD is trading inside a broader bearish channel, showing clear lower highs and lower lows. After forming an upward corrective channel, price entered a compression phase, indicating weakening bullish momentum. The recent rejection from the upper trendline of the compression structure confirmed seller dominance. A breakdown below the minor support and retest of the trendline suggests continuation to the downside. If price remains below the broken structure and descending trendline, further bearish movement toward the next support zone is likely. However, a strong reclaim above the compression resistance could invalidate the bearish bias and trigger short-term bullish correction.