On the GBPUSD M15 chart the market has been carving a descending channel since the 1.3240 level. The last three candles (1.32156‑1.32148, 1.32148‑1.32158, 1.31977‑1.32043) show lower highs and lower lows, confirming a bearish trend. A pronounced volume spike around 1.319‑1.321 (≈3,000‑2,500 contracts) coincided with a sharp price drop, indicating strong seller participation. The break below the 1.3200 support zone, together with the lack of bullish rebound on the subsequent 1.319‑1.320 candles, suggests the down‑move is gaining momentum. Consequently, a sell entry near the broken support is justified, with the stop placed just above the recent swing high (1.3204) to protect…

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