GBPUSD on M5 timeframe shows a clear downtrend with recent price action consolidating near the 1.33921 high, which acts as key resistance. The prior candles exhibit declining closes, with the latest low at 1.33561 forming a critical support level. Volume spikes around the 1.33921 area confirm strong bearish momentum, indicating potential for a reversal. The current setup suggests price may test the 1.33561 support, as the recent consolidation fails to sustain above the prior high. The bearish trend is reinforced by consecutive lower highs and higher lows, creating a descending channel. The sell signal aligns with this structure, targeting the…

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