Signal GBPUSD Sell — H4 - June 16, 2026 00:23 GMT-4
The GBPUSD H4 chart shows a clear bearish reversal setup following a prolonged uptrend. Recent price action has formed a descending triangle pattern between 1.3350 and 1.3450, with the 1.3395 level acting as a key resistance breakout. The close at 1.34023 on the last candle confirms a failed bullish attempt, as sellers pushed prices below the 1.3350 support level. Notably, the volume spike at 1.3350 (35098) indicates strong rejection, validating the bearish momentum. The current consolidation near 1.3350 suggests exhaustion of bullish energy, paving the way for a potential breakdown toward the 1.3264 target. Key support at 1.3350 and 1.3324…