FX.co ★ GBP/USD

GBP/USD Н4 The pair quotes essentially tested a very important support level and the reaction to this level is exactly as it should be. From the support, the quotes headed north, which is normal. It is clear that in order to continue the southern direction, quotes need to not only break through the support but also firmly establish below the level. A consolidation below this level will indicate a continuation of the southern path. For now, there is a possibility to reach the resistance at the level of 1.3323, where the quotes may then return to the support again. And if something happens and the resistance is indeed broken, then in that case, for now, we will forget about breaking the support and continue north. Wishing everyone well.