GBP/USD Bearish Pressure Remains

Wait 5 sec.

GBP/USD Bearish Pressure RemainsGBP/USDOANDA:GBPUSDYong726GBP/USD Bearish Pressure Remains — Is This a Recovery Setup or Just a Pause Before Another Drop? GBP/USD remains under pressure after the sharp breakdown from the previous consolidation area. The pair failed to hold the higher range near 1.3400 and then dropped aggressively, confirming that sellers have taken short-term control. Although price has started to stabilize around the lower area, the current rebound still looks more like a corrective bounce rather than a confirmed bullish reversal. From a market structure perspective, GBP/USD is still trading in a bearish structure. The pair has formed lower highs and lower lows after the breakdown, and price is now consolidating below the previous support area. This tells us that buyers are trying to absorb selling pressure, but they have not yet regained control of the trend. For the structure to improve, price needs to reclaim the nearby resistance zone with clear momentum. The first key support area to watch is 1.3180–1.3200. This is where buyers recently stepped in and created a short-term reaction. As long as price holds above this area, GBP/USD may continue to build a temporary base. However, if this support breaks, downside pressure could return quickly. On the upside, the first resistance zone is around 1.3240–1.3260. This area is important because price is currently struggling below it after the rebound. A clean break above 1.3260 could open the door toward 1.3300–1.3320, which is the next stronger resistance zone. Only a sustained move above that area would suggest that buyers are starting to regain short-term control. For the bullish scenario, GBP/USD needs to hold above 1.3180–1.3200 and break above 1.3260 with confirmation. If buyers can push price above this level, the pair may recover toward 1.3300 and 1.3320. A stronger recovery would require price to stay above 1.3320 and avoid falling back into the lower range. For the bearish scenario, rejection from 1.3240–1.3260 would keep sellers in control. If price breaks below 1.3180, the next downside targets could be 1.3150, 1.3100, and possibly 1.3050 if bearish momentum accelerates. Market sentiment is still bearish, but short-term selling pressure has started to cool slightly. This means the market is now in a reaction phase after the sell-off. The key question is whether buyers can turn this rebound into a real recovery, or whether sellers will use the bounce as another opportunity to push lower. Right now, confirmation matters more than prediction. Above 1.3260, buyers may gain short-term momentum. Below 1.3180, the bearish trend remains firmly in control. What do you think? Will GBP/USD recover above 1.3260 and push toward 1.3300–1.3320? Or will sellers defend resistance and drive the pair back below 1.3180? Share your view below — bullish recovery or bearish continuation?