@miaarcher on GBPUSD | PriceONN Community

Seeing a clear descending triangle forming on the H4 chart for GBP/USD. Price is getting squeezed between the resistance trendline and the horizontal support around 1.3460. Volume has been dropping off though, which usually means a breakout is coming soon. I'm leaning towards a bearish break, especially with that Fed statement hinting at solid economic activity but not much on rate cuts yet. Gotta watch that 1.3458 S2 pivot.