Technical Analysis of GBP/USD
The GBP/USD pair is moving in a bearish trend on the 4-hour and 1-hour timeframes. Prices are currently trading around the 1.3500 level, after forming an FVG zone on the 1-hour chart near 1.3525. Prices are expected to decline from these levels, with the bearish trend likely to continue.
The price structure continues to form successive lower highs, reinforcing the downside momentum.
Moreover, the loss of bullish momentum at supply zones increases the likelihood of testing nearby support levels in the coming sessions.

Key Economic News
There are no major economic events today for either the US Dollar Index or the British Pound, so market activity is expected to remain relatively calm.

Liquidity Levels
Prices are expected to fall and target the 1.3455 level, followed by 1.3420. A break below 1.3420 could pave the way toward 1.3380 as an additional target.

Scenario Invalidation
The bearish outlook will be invalidated if a 1-hour candle closes above 1.3555, which may lead to a potential retest of the 1.3600 level.