GBPUSD M30 Bias Bearish target 1.39500

Resistence 1.40550

GBPUSD M30 Bias Bearish target  1.39500



Pivot: 1.4055

Our preference:

short positions below 1.4055 with targets at 1.3975 & 1.3950 in extension.

Alternative scenario:

above 1.4055 look for further upside with 1.4080 & 1.4095 as targets.

Comment:

the RSI shows downside momentum.

Our key levels:

Pivot Last
1.4055


1.4006


Resistances Supports
1.4095
1.4080
1.4055
1.3975
1.3950
1.3925