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Daily Technical Analysis: GBPUSD

The GBPUSD was corrected lower last week bottomed at 1.2932 but still unable to break below the trend line support as you can see on my daily chart below. The bearish pin bar scenario remains valid, but need a clear break below the trend line support and 1.2935 key support to continue the bearish scenario testing 1.2810/00 or lower. On the upside, 1.3100 remains a key resistance at this phase. A clear break above that resistance would reactivate my bullish mode targeting 1.3350 area.

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