GBP/USD Intraday Bearish
GBP’s bears continued with the pair closing the week lower. If it trends bullish again, then the pair could recover to 1.4006 and test the next resistance level of 1.4085. Alternatively, if a bearish trend merge again then the pair could fall towards 1.3867 level and head further lower to 1.3808.
Pivot point: 1.3947
Resistance level 1: 1.4006 Resistance level 2: 1.4085 Resistance level 3: 1.4144
Support level 1: 1.3867 Support level 2: 1.3808 Support level 3: 1.3728
GBP’s bears continued with the pair closing the week lower. If it trends bullish again, then the pair could recover to 1.4006 and test the next resistance level of 1.4085. Alternatively, if a bearish trend merge again then the pair could fall towards 1.3867 level and head further lower to 1.3808.
Pivot point: 1.3947
Resistance level 1: 1.4006 Resistance level 2: 1.4085 Resistance level 3: 1.4144
Support level 1: 1.3867 Support level 2: 1.3808 Support level 3: 1.3728