GBPUSD currency pair was on the 4-hour chart at an important spot, namely on the downtrend line, led from the top from end of June. It is a strong resistance and can be a good turning point.
In addition, between the price action and RSI indications occurs bearish divergence, which strengthens the pro-downward bias. It is worth to observe the behavior of prices in the local support at 1.3177, since his breakout price may refer to the key support area around 1.3060.
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