GBP/USD - Price failed to break previous resistance zone 1.390 | Forex.Doc by San Shone

GBP/USD - Price failed to break previous resistance zone 1.39000 and went all the way down to test support 1.37600 zone. Wait for the price to react to this zone. If price breaks it, I recommend you to wait for the retest and then look for the opportunities to sell.
*Hourly indicators and moving averages are giving us sell signal. Keep on mind that these indicators and moving averages don't predict future moves and many times can give wrong signal.