Technical Analysis for GBP/USD Pair 
The GBP/USD pair is moving in a downtrend on the H4 and H1 timeframes. As mentioned in yesterday’s report, prices declined from the FVG zone on the H4 chart. Currently, the pair is trading around the 1.3482 level, and the bearish trend is expected to continue today due to the current strength of the US Dollar.

Key Economic News
Today, the US Dollar awaits New Home Sales data, which is of medium importance and is expected to have a limited impact on the markets and, consequently, on the GBP/USD pair.

Liquidity Levels
Prices are expected to decline and target the 1.3452 level, followed by the 1.3415 level, and then the 1.3335 level.

Scenario Invalidation
The bearish scenario will be invalidated if an hourly candle closes above the 1.3565 level.