The GBP/USD pair heading lower

GBP/USD heading sharply lower but holding for now above their midlines. A bullish 20 SMA converges with the 38.2% retracement of the mentioned slide at 1.3010, the level to break to confirm further declines ahead.
Support levels: 1.3005 1.2970 1.2925
Resistance levels: 1.3050 1.3090 1.3135

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