GBP/USD Set for Continued Downside Movement

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GBP/USD Set for Continued Downside MovementBritish Pound/US DollarFX:GBPUSDDynamic_Trade_StrategiesGBP/USD is showing clear signs of bearish pressure after failing to sustain momentum above a key resistance zone around 1.349–1.350. The chart highlights a strong rejection from this supply area, where sellers stepped in and pushed price lower. Recent price action continues to respect the descending trendline, confirming that the overall market structure remains bearish. The pair is currently trading below important resistance levels, while lower highs and weakening bullish attempts suggest that sellers remain in control. The highlighted rejection near the trendline adds further confirmation that downside movement could continue in the coming sessions. Market sentiment appears negative as buyers struggle to break above the resistance zone and maintain upward momentum. If bearish momentum continues, the first downside objective is 1.3375, where price may find temporary support. A decisive break below that level could accelerate selling pressure toward the second target at 1.3303. Traders should monitor price behavior near resistance, as continued rejection could strengthen the bearish scenario and support further declines. πŸ”»πŸ“Š If you found this XAUUSD analysis helpful, don’t forget to LIKE πŸ‘ and COMMENT πŸ’¬!