Under Pressure
Our Pivot: 1.3955
Our Preference: Short sell below 1.3933 with strict stop loss of 1.3955 and profit target at 1.3900 with extension towards 1.3875.
Alternate Scenario: Upward penetration of 1.3955 will call for 1.3980.
NOTE: GBP is moving downward for correction of its previous bullish rally.
Chart with supports & resistances:

| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|