Trading recommendations:
According to the previous events, the GBP/USD pair is going to move between the level of 1.6880 and 1.6790. The resistance is set at the level of 1.6894. Consequently, the market will indicate a bearish opportunity below 1.6894, because the level of 1.6894 is going to act as strong resistance today. Accordingly, it will be a good sign to sell below this level today with the first target of 1.6830 in order to test the daily pivot point in H1 chart. Moreover, if the trend succeeds to close below 1.6830, then the market will be continuing in a downtrend below the weekly support level towards the level of 1.6760. But the stop loss should be placed above 1.6900 at the price of 1.6925.Intraday technical levels:
Projected high:1.6915 Strong resistance (sell limit):1.6894 Current pivot:1.6830 Strong support (buy limit):1.6756 Projected low:1.6733