- GBP/USD hits its lowest since March 2017.
- The levels to beat for bears are seen at 1.2266 and 1.2189, according to the Technical Confluences Indicator.
GBP/USD daily chart
Cable started the week losing more than a 100 pips falling to its lowest since March 2017.
GBP/USD 4-hour chart
GBP/USD is challenging the 1.2266 support at fresh multi-month lows. Bears want to reach 1.2189 on the way down.
GBP/USD 30-minute chart
Cable has been falling like a rock. Resistances are seen near 1.2285, 1.2304, 1.2336 and 1.2381, according to the Technical Confluences Indicator.
Additional key levels
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