GBPUSD consolidation to move downside

8 set

GBP/USD Outlook Price is consolidation to move downside After Friday’s NFP release, GBP/USD climbed to 1.3600, a key resistance level that has repeatedly capped price in recent months. The 1.3600 area is a major supply zone, where price often struggles to sustain gains. Upside momentum looks exhausted, and the risk of reversal is increasing.

If selling pressure emerges at resistance, a corrective downtrend could unfold. and there First key support lies near 1.3450, with a deeper move potentially extending towards 1.3300.

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