GBP/USD Technical Outlook: Levels & Lines to Watch
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GBP/USD Technical Highlights:
- GBP/USD coming off support around 13600
- Big test a little lower should current support fail
GBP/USD is bouncing from support from around 13600. A bearish trading bias still remains intact from higher levels, but has neutralized a bit. Should we see current support fail to hold, then watch the 13500 area as it has been highly influential over the long-term.
For the full details, check out the video above.
GBP/USD Daily Chart
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---Written by Paul Robinson, Market Analyst
You can follow Paul on Twitter at @PaulRobinsonFX
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.