Technical Analysis
Posted 5 hours ago
GBP/USD Breaks Below 1.3500 as Bearish Trend Forms
GBP/USD has dipped below the key 1.3500 pivot level on sustained selling pressure. A major bearish trend line is now forming with resistance at 1.3510 on the 4-hour chart. The pair remains biased lower, though traders await BoE commentary for potential reversal signals. Watch for a break below 1.3500 support or a recovery back to 1.3510 resistance.
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