Pound Begins Pressuring Support 21/10/2025

GBP/USD remains under bearish control after slipping through the 1.3400 pivot, trading near 1.3387 at the time of writing as sellers press the downside.

Technical:
The RSI has turned lower, confirming firm negative momentum on the 4-hour chart. Intraday stability below 1.3400 keeps the pressure skewed to the downside and limits rebound attempts.

Base case (downside continuation):
Bias stays lower while sub-1.3400. Price has scope to test 1.3360 (initial support); a break below 1.3360 would likely open 1.3330 next. (Correcting directionality from prior phrasing: continuation requires a break below support.)

Alternative (tactical rebound):
An hourly close above 1.3420 would temper the immediate bearish tone and could reopen 1.3475 on follow-through buying.

Risk:
Headline/geopolitical flows can trigger sharp two-way moves and an unfavorable risk-reward for some traders. Use disciplined sizing and clear invalidation levels.

Trading CFDs involves risks, and therefore all scenarios may be plausible. The information provided above is not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.

S1: 1.3360	R1: 1.3420
S2: 1.3330	R2: 1.3475
S3: 1.3310	R3: 1.3505