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GBP/USD – Eyes 1.3059, MACD turns bearish

FX:GBPUSD   British Pound/U.S. Dollar
Pair’s bearish break from rising channel earlier this week if followed by breach of support at 1.3138 has opened doors for a revisit to and a possible break below 1.3059 (Aug 30 low) levels.

The daily MACD has turned bearish , which adds credence to the bearish view.

On the higher side, only a break above 1.3347 would signal short-term trend reversal.
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