GBPUSD
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports GBPUSD Bearish bias. A break of 1.20256 will support the fall towards the target of 1.18408 the break of 1.18408 would push the price to 1.17176.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 1.2715
  • Support S1: 1.2713, S2: 1.271 , S3: 1.2708
  • Resistance R1: 1.2718 , R2: 1.272 , R3: 1.2723