FX.co ★ GBP/USD

GBPUSD: H4 Chart. The instrument is trading between the daily resistance level D1 Res C: 1.33832 and the H4 support level Sup C: 1.33681. If the price moves up and manages to rise above the daily resistance level, the upward target could be the Fibonacci level 100.0 at 1.34699 or the level 1.34879. If the price drops below the H4 support level Sup C: 1.33681, the next downside targets could be 1.326285, D1 Sup: 1.32373. If the price continues to decline below the daily support level, it may extend the decline towards the MN1 support level Sup C: 1.31219.