Tue, 30 Mar 2021 10:54:48 GMT
GBP/USD ignores technical levels
As the rate tested the upper trend line of the channel up, suddenly a decline started at mid-day on Monday. The sharp decline down ignored the support of the 200-hour simple moving average, the support zone below the 1.3820 level and the weekly simple pivot point at 1.3780.
Afterwards, short term support and resistance was being provided by the 55 and