Jun
24

GBP/USD D1 Technical June 24

The outlook for the pair is now bearish below 1.5415 level. Bollinger bands are showing sell signals for the pair. But price action on 1.5415 level should be carefully watch.

If GBP/USD manage to break its resistance and H4 candle closure above 1.5415 then pair will move further towards northward. But if pair fails to break 1.5415 level and H4 candle closure below resistance level  then it will indicate more bearish strength that will take the pair towards 1.5260 level.

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