GBP/USD Could Nosedive If It Breaks 1.3800

Today's Key Highlights: GBP/USD failed on more than two occasions to clear the 1.4000 resistance. A major bearish trend line is forming ...


Today's Key Highlights:

GBP/USD failed on more than two occasions to clear the 1.4000 resistance.

A major bearish trend line is forming with resistance near 1.3930 on the 4-hours chart.

EUR/USD is facing an uphill task near 1.2000, while gold price is consolidating below $1,750.

The UK unemployment rate is likely to rise from 5.1% to 5.2% in Jan 2020 (3M).

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