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GBP/USD Technical Outlook: Levels & Lines to Watch

GBP/USD Technical Outlook: Levels & Lines to Watch

Paul Robinson, Strategist

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

gbp/usd daily chart

GBP/USD Chart by TradingView

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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.

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