Home Analysis GBP/USD Tests as Bearish From 1.32829

GBP/USD Tests as Bearish From 1.32829

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GBP/USD Tests as Bearish From 1.32829

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GBP/USD Hourly, Daily And Weekly Candle Charts GBP/USD is trading near 1.32868 against the daily pivot at 1.32909, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. GBP/USD H1 candlestick chartOn H1 with price near 1.32868 favours caution on longs until the structure improves. The useful evidence is sellers closed the latest candle below its open inside a 1.32816-1.33041 candle range, the recent sequence is still leaning lower, while price remains below pivot 1.32909. A better signal would be the next hourly close should either defend the reaction zone or expose a false start; Around the decision zone, a break back...

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