GBPUSD
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports GBPUSD Bearish bias. A break of 1.18564 will support the fall towards the target of 1.17479 the break of 1.17479 would push the price to 1.16756.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 1.26173
  • Support S1: 1.26166, S2: 1.26163 , S3: 1.26156
  • Resistance R1: 1.26176 , R2: 1.26183 , R3: 1.26186