Pivot: 1.6445
Our preference: Sell GBPUSD below 1.6450 with targets @ 1.6300 & 1.6250 in extension.
Stop Loss: A 4 hours close above 1.6500
Comment: The GBP has broken below a rising trend line and remains under pressure. Fundamental news. RSI is in the Negative zone on the 1 hour chart and the CCI is over bought on the 4 hours chart.
Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
1.6190 | 1.6250 | 1.6300 | 1.6450 | 1.6500 | 1.6530 |
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