GBPUSD on H4 timeframe shows a clear consolidation pattern between 1.3344 and 1.3364, with recent closes hovering near the lower end of this range. The price has formed a descending triangle structure, with key resistance at 1.3364 and support at 1.3344. The last candle closed at 1.33528, slightly below the upper boundary, suggesting potential for a downward breakout. Volume has been moderate, with the most recent candle showing 17384, which aligns with a lack of bullish momentum. The pair has been in a corrective phase after a prior uptrend, with multiple lower highs and higher lows indicating weakening trend strength.…

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