Technical Analysis of GBP/USD
The GBP/USD pair is moving in a downtrend on the 4-hour and 1-hour timeframes. Prices have declined from the FVG area at the 1.3465 level. During the day, the bearish trend is expected to continue due to the strength of the U.S. dollar. Remaining below the 1.3465 level reinforces the bearish outlook, while the absence of any clear reversal signals supports continued selling pressure on the pair.

Key Economic News
Today, the U.S. Dollar awaits the release of quarterly GDP data and jobless claims. These figures are expected to impact the U.S. Dollar and, consequently, the GBP/USD pair. We are also anticipating moderately important data from U.S. durable goods orders.

Liquidity Levels
Prices are expected to decline further, targeting the 1.3385 level followed by the 1.3350 level.

Invalidation Scenario
The bearish outlook will be invalidated if the pair revisits the 1.3509 level.