GBPUSD Jan 06

2020-01-06 14:12:06

GBP/USD pair has pulled back from the 61.8% retracement of its December decline, bottoming at around the 23.6% retracement of the same slide.

Technical indicators, in the meantime, continue heading south below their midlines, in line with further declines ahead.

Support levels: 1.3050 1.3010 1.2970

Resistance levels: 1.3125 1.3160 1.3200