Tue, 12 May 2026 08:33:33 GMT
Follow Up GBP/USD Technical Analysis: 1.35000 reached
GBP/USD H1 Technical Summary
Current Status: Strong bearish impulse testing critical support at 1.3515.
Support: Immediate floor at 1.3515; if broken, targets are 1.3470 and 1.3450.
Resistance: Recent breakdown point at 1.3590 and major peak at 1.3650.
Momentum (MACD 20, 60, 10):
Signal: Bearish. The MACD line has crossed below the signal line and is diving toward the zero-line.
Histogram: Expanding red bars confirm accelerating downward