GBP/USD Intraday Signal: Bearish Bias Below 1.3365
The GBP/USD pair remains under selling pressure, capped below the key resistance at 1.3365. Despite recent attempts to rebound, bullish momentum remains fragile, and price action continues to reflect weakness in the short term. The pair trades beneath both the 20- and 50-period moving averages, confirming that sellers maintain control of the intraday trend.
The RSI hovers below its neutrality area at 50, showing limited buying strength, while the overall setup suggests a continuation of the bearish tone toward 1.3250 and 1.3225. Although a minor rebound cannot be ruled out, its potential appears limited as long as 1.3365 acts as resistance.
A decisive break above this level would challenge 1.3390 and 1.3420, but the broader structure favors further downside movement.
Enter: Short below 1.3365
Stop-Loss (SL): 1.3390
Target A: 1.3250
Target B: 1.3225