GBPUSD H4
On the H4 time frame, a break below the downside confirmation level at 1.1980 could provide the bearish acceleration to our next support zone at 1.1650, which is in line with the Fibonacci confluence levels. The downside confirmation level coincides with the 50% Fibonacci retracement and ascending trend line where a break and close below this zone is needed before we could see more downside to the next support target at 1.1650. Stochastic is reversing below its resistance as well where we could see further downside in line with prices. #OPINIONLEADER#
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