GBPUSD on H1 is showing a bearish breakout after a prolonged consolidation phase. The price has been trading between 1.3350 and 1.3360, with recent candles forming a descending pattern. The entry at 1.33484 coincides with a close below key support levels, indicating potential weakness. Volume on the breakout candle is lower than prior highs, suggesting limited immediate buying pressure, but the close below support validates the sell signal. The current downtrend is supported by declining highs and lows, with the 1.33484 level acting as a critical pivot. The stop-loss at 1.33761 is placed above the recent resistance, protecting against false…

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