The GBPUSD pair on the H4 timeframe shows a clear bearish bias, with price consolidating near key resistance levels while volume remains elevated. Recent candles have formed a descending pattern, with closes consistently below prior highs, indicating weakening bullish momentum. The last three candles (1781208000, 1781222400, 1781236800) closed at 1.34148, 1.3413, and 1.34082 respectively, forming a contracting range that suggests exhaustion of upward movement. The current price action is testing critical support at 1.33991, which coincides with a psychological level and a prior low. High volume on the latest candle (32972) signals strong selling pressure, confirming the breakdown from the…

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