GBP/USD Price Analysis: Bears need 1.3580 to give

• GBP/USD is testing a critical daily resistance area.
• Bears to target downside daily extension, eye 1.3340s. 

GBP/USD has corrected into a critical daily resistance following the last September drop to test below 1.35 the figure. The resistance, at this juncture, if it holds, then the price would be expected to melt and break 4-hour supports and results in a downside continuation to test trendline support as follows:

GBP/USD, daily chart

The trendline support is compelling for a restest should tej price fail to break through the 1.3660s. 

GBP/USD, 4-hour chart

From a 4-hour perspective, the price is still accumulated above critical support. Only when the support near 1.3580 is broken will a higher probability opportunity to the downside present itself towards the 1.3340s.