GBP/USD 4H Analysis (as of Apr 1, 2026)British Pound / US DollarCAPITALCOM:GBPUSDJunmadayag Quick Summary •Clear downtrend since Feb high (~1.37). •Price broke below 4H support, now sitting at ~1.3296. •50EMA (orange) below 200EMA (red) → bearish alignment. •Oscillator neutral (not overbought/oversold). Key Levels •Resistance: 1.3383 → 1.35 (4H S/R) •Support: 1.3295 (critical) → next ~1.325 (4H S/R) Bullish Case (Reversal) •Holds 1.3295 support + reclaims orange 50EMA. •Then targets 1.338 → 1.35. •Needs strong green candles or positive divergence. Bearish Case (Continuation) •Breaks below 1.3295. •Drops toward 1.325 or lower (1.32 zone). •Any rallies get capped by the two EMAs acting as resistance. Current Bias: Mildly bearish (trend + MA position favor downside). Watch 1.3295 closely today.