GBP/USD Intraday Signal: Downside Prevails Toward 1.3385
GBP/USD remains under bearish pressure as long as price trades below the 1.3465 pivot resistance. The pair faces repeated rejection near this level, indicating that sellers continue to dominate the market. Momentum remains weak, with the RSI showing bearish conditions and confirming limited upward potential.
Immediate downside targets are located at 1.3400 and 1.3385, where intraday support may emerge. If price manages to break above 1.3465, the pair could extend modestly higher toward 1.3485 and 1.3500, but this scenario remains less likely while the bearish tone persists.
Overall, intraday bias stays negative as long as the 1.3465 barrier caps any recovery attempts.
Enter: Short below 1.3465
SL: 1.3485
Target A: 1.3400
Target B: 1.3385