On the H1 chart of GBP/USD the market has been carving lower highs since the 1.3218 peak on June 26, while the lows have drifted from the 1.317 zone toward the current 1.3195 area. The last three hourly bars each closed lower, with the most recent candle closing near the entry level and showing a modest decline in volume on the up‑side, indicating waning buying pressure. The 1.3215‑1.3220 region now acts as a clear resistance ceiling, and a break below the 1.3190‑1.3185 swing low would confirm the bearish bias. Given the lack of bullish momentum, a short position is justified.…

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