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  • GBP/USD hits its lowest since March 2017.
  • The levels to beat for bears are seen at 1.2266 and 1.2189, according to the Technical Confluences Indicator.
 
GBP/USD crashes below 1.2300 as Boris Johnson turbo-charges no-deal Brexit
 

GBP/USD daily chart

 
 
Cable started the week losing more than a 100 pips falling to its lowest since March 2017.  
 
 

GBP/USD 4-hour chart

 
 
GBP/USD is challenging the 1.2266 support at fresh multi-month lows. Bears want to reach 1.2189 on the way down.
 

GBP/USD 30-minute chart

 
Cable has been falling like a rock. Resistances are seen near 1.2285, 1.2304, 1.2336 and 1.2381, according to the Technical Confluences Indicator.
 
 
 
 
 

Additional key levels