FX.co ★ GBP/USD

GBP/USD Н4 At the moment, quotes continue to press southward, and it would be quite logical to test the support at the level of 1.3315 and then, so to speak, move towards the north. The moving average is currently above the quotes, acting as resistance that could reverse the quotes in case of a northward movement. However, if there is not only a test of the support now but also an attempt to break it in order to continue south, then in this case, a consolidation below the level will indeed confirm the continuation of the southern direction. At least they could go down to the support at 1.3200 in this scenario. Have a good day.