GBP/USD: Bearish Continuation Setup – Targeting Lower Levels on Swing

Technical Analysis Points to Downside Pressure

The GBP/USD pair is currently exhibiting clear bearish momentum, trading at 1.26094, reflecting a 24-hour decline of -0.32%. My technical analysis, focusing on swing timeframes, indicates that the prevailing trend remains firmly bearish. We observed resistance around the 1.267 mark, with the recent day range highs pushing towards 1.26703 before sellers regained control. Further key resistance levels are identified at 1.265 and the significant psychological level of 1.27. "The data speaks" to a consistent rejection at these higher price points, reinforcing the bearish