On the 4-hour chart, GBPUSD forms a head and shoulders top pattern. The current support below is around 1.326. If it falls below, it is expected to continue to fall. The support below is around 1.320. After breaking, the support below is around 1.305.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.