Research preview

Technical read GBP/USD trades near 1.32896 with lower highs and lower lows H1 structure, lower highs and lower lows H4 structure and a bearish daily trend. The first useful support band is 1.32743/1.32619/1.32456, while the topside decision band is 1.33031/1.33137/1.33219. H1 RSI is 13.7 and stochastic is 10.4/7.3, so the report should treat momentum as washed out rather than forcing a one-line call. H1 EMA20/EMA50 are 1.33060/1.33226, with MA50/100/200 at 1.33215/1.33431/1.34029. D1 EMA20/EMA50/MA200 are 1.33658/1.33714/1.34299. No fresh 20/50 EMA crossover is active. A/D points to distribution on H1 and distribution on D1. Treat this as confirmation, because tick volume is directional pressure rather than exchange volume. H1 RSI is 13.7...