FX.co ★ GBP/USD major support broken, look to sell on strength

The price has broken major support and we look to sell from the pullback resistance at 1.3464 (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 1.3319 support (Fibonacci retracement, horizontal pullback support).

Stochastic (34,5,3) is seeing a long-term descending resistance keeping us in a bearish bias.

Sell below 1.3463. Stop loss is at 1.3533. Take profit is at 1.3319.