GBPUSD GBP/USDOANDA:GBPUSDMARKET_WIZARD1GBP/USD is currently trading below a key resistance zone around 1.3475–1.3480, where previous attempts to move higher have been rejected. Price has also broken below the rising trendline that supported the recent bullish structure, suggesting that upward momentum is weakening in the short term, the market is consolidating inside a narrow range between approximately 1.3445 and 1.3465, indicating indecision among buyers and sellers. As long as price remains below the highlighted resistance area, further upside may be limited. Overall, the chart suggests a cautious and range-bound market with a slight bearish bias, but confirmation from a breakout of either resistance or support is needed before expecting a stronger directional move. ⚠️ Risk management is essential, especially during high-impact economic news and USD-related events.