GBPUSD SHORT

Key Indicators

• Short-term bearish divergences are still intact, pointing to further downside.

• The upside pressure weakened amid a solid ceiling in place.

Fundamental Context

GBPUSD rebounded to near 1.3560. The rebound could also be linked to the market’s anxiety ahead of the key events scheduled for publishing. However, the short-term price movements are currently showing a lack of clear direction.