Technical analysis of GBP/USD 10/04/2024

The GBP/USD currency pair is developing a downward correction on (1D).

The pair has broken through the support of 1.3160 ​​(23.6% Fibo) and is currently consolidating in the area of ​​1.3130.

The technical picture suggests a continuation of the downward correction with the nearest target of 1.3000 (38.2% Fibo).

The nearest resistance is the level of 1.3425.

GBPUSD_STPDaily

Created by Joshua Hayn

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