GBP/USD Analysis
The GBP/USD pair bottomed for the day at 1.3080. Unable to recover beyond the 1.3100 level.
The 4 hours chart shows that the risk of additional declines is limited, as technical indicators lost downward momentum.
A recovery beyond 1.3150, on the other hand, could see the pair surpassing the 1.3200 threshold.
Support levels: 1.3045 1.3010 1.2975
Resistance levels: 1.3125 1.3150 1.3190
The 4 hours chart shows that the risk of additional declines is limited, as technical indicators lost downward momentum.
A recovery beyond 1.3150, on the other hand, could see the pair surpassing the 1.3200 threshold.
Support levels: 1.3045 1.3010 1.2975
Resistance levels: 1.3125 1.3150 1.3190
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