GBPUSD

The GBPUSD dropped from the 1.36397 level yesterday. Two possible scenarios can come into play now, If it breaks this resistance area of 1.36000 (Previously a strong support) and sustain this level then it can further move towards 1.37000, But on the flip side confluence of Trendline, resistance zone and Fib 0.38% level can drag it down to 1.35500 where bulls might step in again