GBP USD continues its downward trend, losing ground for the third consecutive day. As of Friday during the Asian hours, it trades around 1.2490. The daily chart shows an ongoing bearish bias. GBP USD remains within a descending channel pattern, indicating further possible declines. Traders should closely monitor key support and resistance levels as the pair behaves under current economic pressures.

Market sentiment leans toward bearish with pressure from economic indicators. Experts suggest that significant levels will determine the next moves. Traders can expect volatility as market participants react to ongoing geopolitical events and monetary policy decisions.