GBPUSD | Bearish Breakdown & Downside ContinuationGBP/USDOANDA:GBPUSDYOUSUF-ANALYTICSGBPUSD | Bearish Breakdown & Downside Continuation Fundamental View GBPUSD is showing signs of short-term weakness as the pair struggles to sustain momentum above the resistance/supply zone. A stronger U.S. dollar or reduced expectations for aggressive BoE easing could add further pressure to GBPUSD. Market sentiment and upcoming U.S./UK economic data remain important catalysts for the next directional move. Technical View GBPUSD is consolidating inside a contracting triangle, with price approaching the lower trendline and key support around 1.36081. The pair has repeatedly failed to establish a sustained breakout above the resistance zone, suggesting that sellers may be gaining control. A confirmed break below 1.36081 could trigger a bearish continuation toward the next lower liquidity and demand areas. Key Levels to Watch Resistance: 1.36467 Support: 1.36081 Bearish invalidation: 1.36510 Downside confirmation: Break and close below 1.36081 Trading Scenario Bearish scenario: A decisive break below 1.36081 could confirm the triangle breakdown and increase the probability of further downside. Traders may look for a retest of the broken support before considering continuation. Bullish scenario: If price reclaims 1.36510 with strong bullish momentum and holds above the resistance zone, the bearish setup would be invalidated and a broader upside move could develop. Professional Insights From an SMC perspective, the current structure can be viewed as a potential liquidity compression before expansion. A downside sweep of 1.36081 followed by rejection could create a liquidity trap, while a clean break and retest would provide stronger confirmation of bearish continuation. Patience for confirmation is preferable to entering during the middle of the consolidation. Risk Management Avoid chasing the initial breakout. Consider waiting for a confirmed candle close and, where appropriate, a retest of the broken level. Keep position size controlled and define risk before entering any trade. Disclaimer This analysis is shared for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk according to your trading plan.