Summarizing, GBPUSD’s short-term picture is looking increasingly bearish. A convincing break below the 1.3105 barrier would ramp up the negative outlook. Meanwhile, for optimism to return in the pair, the price would need to climb above the 1.3620-1.3661 resistance band but piloting beyond the 1.3834 high, would be necessary to resuscitate bullish prospects.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.