GBPUSD Struggles Below Resistance — More Downside Ahead?BRITISH POUND VS US DOLLARTRADENATION:GBPUSDKlejdiCuniGBPUSD Struggles Below Resistance — More Downside Ahead? GBPUSD hit a strong resistance zone near 1.3590 and hasn’t been able to break above it. From our analysis, the pair has already dropped about 110 pips, falling from 1.3544 to 1.3434. Even after Trump’s statement about firing Fed Governor Lisa Cook, GBPUSD didn’t show much strength. The bearish momentum isn’t very strong, but it’s clear the pair is struggling to rise. Meanwhile, the USD has recovered yesterday’s small losses. I remain bearish on GBPUSD. The drop could continue in a sharp and messy way, with our next targets at 1.3420 and possibly 1.3315. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Previous analysis: Previous analysis: