On the H1 chart of GBP/USD the market has been carving a descending channel since the peak around 1.3558 three sessions ago. The last ten candles show lower highs and lower lows, with the most recent bar closing near 1.3533 while volume has tapered to sub‑5k levels, indicating fading bullish conviction. A clear bearish pressure is evident as price repeatedly tests the 1.3545 resistance zone and fails to break above it, while the 1.3525 area acts as a near‑term support. The sell setup aligns with this pattern: the entry sits just below the recent swing low, the stop sits above…

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