GBPUSD technical analysis

GBPUSD

The pair continues to swing amid the uncertainty of Brexit negotiations. Any negative factor can drive the pair down again.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the 50% level and is declining. Stoch are turning down.

GBPUSD rate online: monitor the price movement in real time.

Trading recommendations:

The pair is trading below the 1.3400 level. Sell it with a probable drop to 1.3230.