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STERLING_PIPS

GBP/USD short-term outlook

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
STERLING_PIPS  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
GBP/USD settled at 1.2795, a level that was last seen in July, not far from a weekly low of 1.2762.
In the daily chart, the bearish case is clear, as the pair is now well below its 20 DMA.
Technical indicators have decelerated but stand at daily lows within negative levels.

Support levels: 1.2760 1.2715 1.2665

Resistance levels: 1.2840 1.2885 1.2930

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