GBP/USD US session: Bearish break from falling channel
- oversold on intraday. but if fails to sustain/take out 1.3905 could result in a drop to 1.3840
- Longs can be build only if it breaks above 13925 for a target of 1.3963.
- Overall looks bearish after having rejection at 1.40 earlier today followed by a bearish break from the falling channel seen on the 15-min chart.