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GBP/USD: pair going to test closest support

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20-3-2018-GBP-H4.png

The last bullish "Flag" pattern has been broken, so the pair faced with resistance at 1.4069. Also, there's a "V-Top" pattern, so the price is consolidating. Nevertheless, the market is likely going to reach the next resistance at 1.4069 - 1.4144.

20-3-2018-GBP-H1.png

There' a "V-Top" pattern, so the pair is likely going to test the closest support at 1.3996 - 1.3979. Meanwhile, if a pullback from these levels happens afterwards, there'll be a moment to have a bullish price movement towards another resistance at 1.4069 - 1.4144.

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