13/08/2018 Forcast for GBPUSD

Potential Resistance 1.28005
Potential Support 1.26878

Currently, EURUSD and GBPUSD are +91 percent correlation. Potential retrace back to resistance level 1.28005 and then go down to support level 1.26878. If it break resistance level 1.28008 it will reverse the price upward movement because it is strong oversold condition now.