Description
⋅ GBP/USD pair has pulled back from the 61.8% retracement of its December decline, bottoming at around the 23.6% retracement of the same slide.
Technical indicators, in the meantime, continue heading south below their midlines, in line with further declines ahead.
Support levels: 1.3050 1.3010 1.2970
Resistance levels: 1.3125 1.3160 1.3200