GBPUSD: Trendline Breakdown & Support RetestGBP/USDOANDA:GBPUSDXAUApex🔹 GBPUSD is showing a shift from the recent bullish structure after price rejected the 1.3580–1.3600 resistance area. The latest price action has formed lower highs and lower lows, while the rising trendline has been broken, suggesting weakening bullish momentum. Price is now trading below the former trendline and approaching the highlighted support zone around 1.3420–1.3440. This area could become important for the next market structure decision, as liquidity may be resting around the recent swing lows. 🔸 If GBPUSD holds the highlighted support, a bullish reaction and possible recovery toward the broken structure could develop, with traders watching for clear price confirmation before considering any trade. A sustained rejection from resistance could keep the bearish structure in focus, while a decisive break below support could expose lower liquidity areas. Conversely, reclaiming the broken trendline and resistance zone could weaken the bearish scenario. This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.