The GBPUSD market posture is negative. The slide back through last Friday’s reversal leaves trade positioned to continue attacking under 1.3726. A close under 1.3726 projects to 1.3700 - 1.3660. Any near term rebounds will find resistance at 1.3830. A close over 1.38.15 (SAR) is needed to recapture bottoming / bullish trade action.
Resistance 2 1.3854
Resistance 1 1.3812
Support 1 1.3768
Support 2 1.3726
Last Updated Date: 29 March 2021 @ 6:54 AM (UTC)
*Please note that all the dates are in GMT time zone
