GBP/USD was pressured throughout the month of Novermber and there remains a focus on the downside as the DXY firms in the open taking out hourly resistance:


The pound has made a 38.2% Fibonacci retracement and printed a tweezer top on the hourly chart. The price is breakin gthe trendline support and testing the horizontal support at the time of writing.
Bears will be looking to pounce on sigs of momentum to target at least the prior lows and 1.3130 daily lows ahead of 1.350 there after, as per the following line charts.

