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GBP/USD Correction Downwards

#trading_idea #GBPUSD 💡

💸Sterling - Correction Downwards

On the 4-hour chart, pair is developing a downwards movement testing support around 1.3333. It's close to lower line Bollinger Band, indicating possible continue decline. The Bulls&Bears points to bearish sentiment.

🔽A breakout down 1.3333 could lead to a slide towards the 1.3300 area.

🔼While failure to break this level might cause a rebound to resistance at 1.3371 and higher.



😎 Hit "👎" if you believe the price will rise and "👍" if you think it will slide.



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