GBPUSD 4H (STILL BEARISH)

Trading in the pound sterling pair against the dollar stabilizes below the level of 1.2229 , so that the bearish trend scenario remains valid and effective for today, remembering that our expected targets start at 1.2175 and extend to 1.2137 .

The Stochastic indicator presents negative signals that we expect will contribute to pushing the price to achieve the proposed targets, which will remain in place provided it remains below the 1.2229level.

Pivot Price: 1.2229
Resistance prices: 1.2282 & 1.2335 & 1.2377
Support prices: 1.2175 & 1.2137 & 1.21117

The general trend expected for today: bearish

timeframe:4H