GBPUSD
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports GBPUSD Bearish bias. A break of 1.19355 will support the fall towards the target of 1.17595 the break of 1.17595 would push the price to 1.16422.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 1.26216
  • Support S1: 1.26203, S2: 1.26196 , S3: 1.26183
  • Resistance R1: 1.26223 , R2: 1.26236 , R3: 1.26243