The GBP/USD market trend is currently bearish, with a downward slope. The price has been declining, indicating a weakening British Pound (GBP) against the US Dollar (USD). Sellers are dominating, driving the price down. The trend is characterized by lower highs and lower lows, with the price struggling to break above resistance levels. The bearish momentum is expected to continue, with potential support levels at 1.3000 and 1.2950. A break below these levels could lead to further declines, while a reversal could occur if the price breaks above resistance at 1.3100. Traders are short-selling, expecting further GBP weakness.