GBP/USD Technical Highlights:

• GBP/USD 4-hr chart exhibits clear bearish construction
• Every day assist and 200-day slightly below 13700
• Transfer in direction of long-term assist at 13500 might unfold

Cable is poised to commerce decrease as a clear sample is rising on the 4-hr chart. This might lead GBP/USD to commerce all the way down to the 13670-area quickly, with broader the potential of buying and selling all the way down to weekly assist at 13500 courting to 2009.

GBP/USD 4-hr Chart

GBP/USD Every day Chart

GBP/USD Weekly Chart

GBP/USD Charts by TradingView

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—Written by Paul Robinson, Market Analyst

You’ll be able to comply with Paul on Twitter at @PaulRobinsonFX