On the GBP/USD H1 chart the market has been oscillating between 1.324 and 1.337 over the past two days. A pronounced bullish thrust from 1.326 to a peak of 1.3377 was met with dwindling volume, suggesting limited participation. The subsequent pull‑back to the 1.334‑1.335 zone came on rising volume, indicating growing selling pressure. The last three candles closed lower, with the most recent close just below 1.335 and a low near 1.3345, forming a bearish micro‑structure around the prior high. This confluence of a failing rally, volume‑driven downside, and a clear resistance at the recent high supports a short bias.…

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