Technical Analysis of the GBP/USD Pair The GBP/USD pair is trending downward on the daily and four-hour timeframes. The 1.3452 level represents an important sell zone, and we need to see negative price action from these levels for the pair’s downtrend to continue. Prices are also still trading below key resistance levels, which supports continued selling pressure during the current period. It is advisable to wait for clear price confirmation before entering short positions, especially as prices approach important technical levels.   Key Economic News There is no significant news today, so trading is expected to be relatively quiet.   Upcoming Support Levels: Prices are expected to decline, targeting 1.3307, then 1.3153.   Negation of the Scenario: The bearish scenario will be negated if prices reach 1.3532.