The pair continues to trade with a bearish tone below the 1.3380 level, where sellers are actively pushing the Cable lower towards new lows. Currently, the support zone of 1.3148 could see a breakout and test the next key area around the 1.3000 psychological level as the 200 SMA on H1 chart. On a short-term basis the pair is pointing to the downside. MACD indicator still favors that scenario.
H1 chart's resistance levels: 1.3380 / 1.3653
H1 chart's support levels: 1.3148 / 1.3000
Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is at 1.3148, take profit is at 1.3000 and stop loss is at 1.3298.