GBPUSD on H1 exhibits a clear downtrend characterized by consecutive lower highs and higher lows, signaling waning bullish momentum. The recent price action has formed a consolidation phase near critical support levels around 1.3361-1.3378, with higher volume spikes confirming the strength of the bearish move. The current close near 1.34105 approaches the upper boundary of this consolidation, acting as a potential resistance. The failed bullish push above this level suggests a structural breakdown, creating a high-probability short opportunity as price is likely to retest the support area. The trend is reinforced by multiple lower closes and the volume patterns align…

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