GBPUSD
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports GBPUSD Bearish bias. A break of 1.18481 will support the fall towards the target of 1.16370 the break of 1.16370 would push the price to 1.14963.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 1.25346
  • Support S1: 1.25313, S2: 1.25266 , S3: 1.25233
  • Resistance R1: 1.25393 , R2: 1.25426 , R3: 1.25473