GBP/USD Struggles Below Resistance

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GBP/USD Struggles Below ResistanceGBP/USDOANDA:GBPUSDYong726GBP/USD Struggles Below Resistance — Recovery Attempt or Bearish Continuation? GBP/USD remains under pressure after the sharp breakdown from the previous higher consolidation zone. The pair failed to hold above the 1.3400 area, then moved aggressively lower and formed a new lower trading range around 1.3150–1.3250. Although price has shown some recovery from the recent low, the rebound is still limited, and buyers have not yet confirmed a real bullish reversal. From a market structure perspective, GBP/USD is still in a bearish structure on the 1H chart. Price continues to trade below the previous breakdown area, and the latest rebounds have been capped before reaching stronger resistance. The current move looks more like a corrective bounce within a bearish trend rather than a confirmed change in direction. The first key resistance zone to watch is around 1.3220–1.3250. This is the nearest area where sellers have recently defended the upside. If buyers can break above this zone with confirmation, GBP/USD may attempt a stronger recovery toward 1.3280–1.3300. Above that, the more important resistance area sits around 1.3340–1.3360, which would need to be reclaimed before the broader short-term structure starts to improve. On the downside, the first key support zone is around 1.3180–1.3150. This area has recently acted as the lower demand zone where buyers stepped in. If price holds above this support, the pair may continue to consolidate and build a short-term recovery base. However, if this zone breaks, bearish pressure could return quickly, with the next downside targets around 1.3100 and 1.3050. For the bullish scenario, GBP/USD needs to hold above 1.3180–1.3150 and break above 1.3250 with confirmation. If buyers manage to reclaim this resistance, the pair may recover toward 1.3280–1.3300. A stronger bullish recovery would require price to stay above 1.3300 and avoid falling back into the lower range. For the bearish scenario, rejection from 1.3220–1.3250 would show that sellers are still defending the rebound area. If price then breaks below 1.3150, the bearish structure may continue, and GBP/USD could move lower toward 1.3100 and possibly 1.3050 if downside momentum accelerates. Market sentiment remains bearish, but short-term selling pressure has slowed. Buyers are trying to stabilize the pair near the lower range, yet they still need a confirmed breakout above resistance to shift momentum. Until that happens, rebounds may continue to be treated as corrective moves inside the broader bearish structure. Right now, confirmation matters more than prediction. Above 1.3250, recovery momentum may improve. Below 1.3150, bearish continuation becomes more likely. What do you think? Will GBP/USD break above 1.3250 and recover toward 1.3300? Or will sellers defend resistance and push the pair back below 1.3150? Share your view below.