Fri, 27 Feb 2026 13:42:09 GMT
GBP/USD Technical analysis
GBP/USD remains firmly in a bearish cycle, moving lower within a clear descending channel. Price recently touched the upper boundary of the channel and has started rotating back down toward the lower boundary, showing that sellers are still defending resistance. The structure continues to print lower highs and lower lows, which confirms the ongoing downtrend. The latest rally failed to