The buyers are defending the support area of 1.3190-1.3200
GBP/USD is trading below the 50-period SMA on the four-hour chart and the Relative Strength Index (RSI) indicator has declined below 50, suggesting that buyers show no interest in the pound for the time being.
=> On the downside, the 1.3200/1.3190 area (static level, psychological level), In case a four-hour candle closes below the latter, the pair could extend its slide toward 1.3160 (December 8 low), then 1.3120.
=> On the contrary, the buyers are defending the support area of 1.3190-1.3200, if successful, GU can be pushed to 1.3280, then to 1.3350.
=> On the downside, the 1.3200/1.3190 area (static level, psychological level), In case a four-hour candle closes below the latter, the pair could extend its slide toward 1.3160 (December 8 low), then 1.3120.
=> On the contrary, the buyers are defending the support area of 1.3190-1.3200, if successful, GU can be pushed to 1.3280, then to 1.3350.
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