FX.co ★ GBP/USD

Hello traders, Yesterday, sellers' activity on the GBP/USD pair was quite high, and as a result of the subsequent decline, the bears managed to easily break through the important support level at 1.3535. Volumes throughout this action were sufficiently high and gradually increasing, hinting at further entries of large bears into positions, which in turn opens up quite good prospects for further strengthening of the dollar today. In conclusion, I prioritize selling, so I will be waiting for the continuation of the downward movement that started yesterday in the second half of the trading day on the GBP/USD pair, targeting the nearest calculated support level at 1.3440.