Technical analysis of GBP/USD for February 26, 2018

Overview: The GBP/USD pair is still trading below the resistance of 1.4055. It will probably continue to move downwards from the level of 1.4055. Today, the first resistance level is seen at 1.4055 followed by 1.4123, while the daily support 1 is seen at 1.3901. Furthermore, the moving average (100) starts signaling a downward trend; […]