GBPUSD on H4 timeframe shows a clear downtrend with multiple lower highs and higher lows, indicating a potential reversal. The recent consolidation near 1.346 has failed to sustain bullish momentum, as evidenced by the closing below key resistance levels and declining volume. The last few candles exhibit a bearish structure, with the close at 1.3415 aligning with a critical support zone formed by prior lows. The volume spike preceding the entry suggests increased selling pressure, reinforcing the validity of the short setup. Price action suggests a likely continuation of the downtrend, with the support level acting as a key psychological…

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