GBPUSD
Bearish Closed

A Price Action Rising Wedge pattern formation on the 1 Hour time frame chart supports GBPUSD Bearish bias. A break of 1.24600 will support the fall towards the target of 1.23850 the break of 1.23850 would push the price to 1.23350.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 1.25373
  • Support S1: 1.25356, S2: 1.25333 , S3: 1.25316
  • Resistance R1: 1.25396 , R2: 1.25413 , R3: 1.25436