Technical Analysis of the GBP/USD Pair The GBP/USD pair is moving in a corrective downtrend on the 4-hour chart, following a pullback from the 1.3480 level. Prices have formed a FVG pattern on the 4-hour chart and have since rebounded lower. The GBP/USD pair is expected to continue its downward trend today if it breaks below the 1.3384 level. Prices are also showing clear weakness near current supply zones, which supports continued selling pressure. Furthermore, continued trading below the 1.3431 level increases the likelihood of the decline continuing in the coming sessions.   Key Economic News There is no significant news today regarding the US dollar or the British pound; therefore, movement is expected to be subdued.   Upcoming Support Levels: Prices are expected to decline, targeting the 1.3360 level, followed by the 1.3290 level.   Negation of the Scenario:- The expected decline will be negated if the conditions mentioned are met and the hourly candle closes above the 1.3431 level.