GBP/USD: Rebound losing momentumGBP/USDOANDA:GBPUSDJolie_joliGBPUSD remains in a downtrend, trading within a descending channel and exhibiting only weak pullbacks. Currently, the price is retesting the resistance zone around 1.3350, a level where the downtrend line and a previous Fair Value Gap (FVG) converge. The H2 market structure remains bearish, as upward moves consistently face resistance and fail to break through key resistance levels. The price's reaction in this area indicates that sellers maintain control over the primary trend. The preferred scenario is to wait for a rejection of GBPUSD at the 1.3350 level. Should selling pressure return, the price could decline further toward the 1.3285 support zone—an area where a short-term buying response might emerge. The bearish scenario would be invalidated if the price breaks and sustains itself above the 1.3350–1.3370 range, as this would likely weaken the current bearish structure.