Technical Analysis for GBP/USD
The GBP/USD pair is moving in a downward trend on the 4-hour and 1-hour timeframes. Prices have dropped sharply since the beginning of the week after rejecting the IFVG zone mentioned in the weekly analysis video. Currently, the pair trades around 1.3210, and further decline is expected toward the final target.
Selling momentum remains dominant with clear weakness in any bullish correction attempts, increasing the probability of continued downward movement in the coming hours. A break below current support could accelerate the decline toward the next targets.

Key Economic Events
The US dollar is awaiting today’s interest rate decision and Jerome Powell’s press conference, both expected to have a strong impact on dollar movements and hence on the GBP/USD pair.

Liquidity Levels:
A further decline is expected toward 1.3142 and then 1.3059.

Invalidation Scenario:
The bearish outlook will be invalidated if a 4-hour candle closes above 1.3308.