HomeContributorsTechnical AnalysisGBPUSD Still Beraish Below 1.3168 Level

GBPUSD Still Beraish Below 1.3168 Level

The GBPUSD pair remains bearish while trading below the 1.3168 level. Further downside pressure towards the 1.3130 and 1.3109 levels should be expected. Extended intraday support is found at the 1.3086 and 1.3036 levels.

Should price action break above the 1.3168 level, further upside towards the 1.3180 weekly price-high and the 1.3200 level remains likely. Extended intraday resistance is found at the 1.3268 level.

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