GBP/USD Bearish BreakdownGBP/USDOANDA:GBPUSDBIGBULL-RUNGBP/USD is showing bearish pressure after failing to sustain gains above the ascending channel structure. The pair faced rejection near the recent swing highs and has broken below the channel support, indicating a possible shift in momentum. Price is now approaching the first downside objective at **1.3392**, a key horizontal support level. If sellers maintain control and this level breaks decisively, the next target lies near the major demand zone around **1.3310**, which could act as a strong area of buyer interest. **Targets:** 🎯 **Target 1:** **1.3392** 🎯 **Target 2:** **1.3310** **Key Resistance:** 📍 **Resistance Zone:** **1.3475 – 1.3485** **Bias:** Bearish 📉 **Timeframe:** 1H (1 Hour) **Pair:** GBP/USD **Trading Idea:** The breakdown from the rising channel suggests weakening bullish momentum. Traders may watch for continued bearish confirmation below **1.3392**, while the **1.3310** support zone remains the next significant downside level. Proper risk management is essential in case of a recovery back above the recent highs.