GBPUSD Daily Forecast: Bears Eye Lower Prices

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GBPUSD Daily Forecast: Bears Eye Lower PricesGBP/USDOANDA:GBPUSDSMC_TRADER07GBPUSD remains under bearish pressure after breaking below key short-term support and forming a series of lower highs and lower lows. The highlighted bearish order block (OB) around the 1.3400–1.3450 area is likely to act as strong resistance if price retraces. A pullback into the order block could provide sellers with fresh opportunities before the next leg lower. With liquidity resting below the recent strong low, the market may continue targeting downside liquidity in the coming sessions. 🔹 Bias: Bearish 🔹 Key Resistance: 1.3400 – 1.3450 (Order Block) 🔹 Current Support: 1.3120 Area 🔹 Target: 1.3000 → 1.2800 🔹 Confirmation: Rejection from the bearish order block Trade with the trend and wait for confirmation before entering.