The GBPUSD pair on H1 has shown a clear bearish consolidation pattern, with recent closes forming a descending triangle between 1.3190 and 1.3223. The last candle closed at 1.31948, a key support level, with a low of 1.31909, suggesting potential for a breakout lower. Volume remains moderate, indicating indecision, but the consistent decline in highs and lows points to a weakening bullish bias. The pair has been trading near the upper boundary of this consolidation range, with the previous high at 1.32234 acting as a critical resistance. A close below 1.31948 would confirm the breakdown, aligning with the SELL signal.…

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