Technical Levels
The pair GBP/USD continues developing inside a descendant channel, with the roof of the figure currently around 1.3435. In the 4 hours chart, the price settled a few pips above its 20 SMA, while technical indicators have recovered some ground, but the Momentum indicator remains within negative territory, with moderate upward strength, while the RSI indicator lost its strength upwards once surpassing its mid-line.
To the downside, the key support is around the 1.3300 area that capped the downside last week and also today. A break lower could add pressure to the pound. Below the next strong support is seen at 1.3225.
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good work bro keep it up : https://steemit.com/@forexprediction
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