GBPUSD is trading inside a rising channel but has faced a strong rejection from the highlighted resistance zone. Price is now testing the lower boundary of the channel, and a confirmed breakdown could shift momentum in favor of the bears.
If sellers maintain control below the resistance area, the pair may extend its decline toward the marked support levels.
Key Levels:
* 🔴 Resistance: 1.3435 – 1.3455
* 🟦 1st Support: 1.3320
* 🟦 2nd Support: 1.3215
* 📉 Bias: Bearish while below resistance.
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