Fri, 01 Apr 2022 12:59:48 GMT
GBP/USD breaks pattern
At mid-day on Friday, the GBP/USD broke the week's channel up pattern by passing below the lower trend line of the channel near 1.3120.
If the pair continues to decline, support might be found in the 1.3100 mark and the weekly S1 simple pivot point at 1.3097. Further below, take into account the support zone at 1.3053/1.3070.
Meanwhile, a surge would have