GBP / USD: "V-Top" investors stop prices rising for some time

We had a pattern "V-Top" reduce, has established the local downward movement. Therefore, the currency pair is likely to gain support at 1.3226 to 1.3116 a, near the bottom of the downtrend. If speculators reduced prices stop here, will have a chance to see an increase in the area between the upper resistance at 1.3614 and 1.3681 levels.

There is an ongoing sideways below the MA 34. Therefore, the market is likely to get support at 1.3273 to 1.3226 in a day. Considering a possible pullback from the region, speculators increased rates may be trying to reach resistance at 1.3614 to 1.3681 later.