The British Pound remains entrenched in a bearish trend, trading below 1 2500 against the US Dollar. GBP USD has initiated another drop, breaking beneath 1 2350 and 1 2250 levels. This continued decline emphasizes the struggles the Pound faces against existing market pressures. The prevailing sentiment keeps traders alert to possible rebounds, yet the dominance of bearish sentiments offers less incentive for entering long positions at this point. Investors must be attentive to further developments that could influence Sterling’s movements moving forward, particularly given the volatility in the broader economic landscape.