GBP/USD is looking for clues that help to push it lower across the board. The 200 SMA continues to provide the path in the short term and it seems the support zone of 1.3753 could be challenged in the near-term. If that level gives up to the bears' price action, the pair could travel towards the 1.3608 level. MACD indicator remains slightly in the positive territory, favoring to a recovery.
H1 chart's resistance levels: 1.3881 / 1.4078
H1 chart's support levels: 1.3753 / 1.3608
Trading recommendations for today: Based on the H1 chart, sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the resistance level is at 1.3753, take profit is at 1.3608 and stop loss is at 1.3901.
