As with all USD pairs, GbpUsd has also started to correct higher.
At this moment the pair is facing a very important resistance given by the falling trend line of a wedge, horizontal line and psychological 1.2 and a daily close above this zone could lead to further gains.
The next important resistance is around 1.24 with an interim one at 1.2150
At this moment the pair is facing a very important resistance given by the falling trend line of a wedge, horizontal line and psychological 1.2 and a daily close above this zone could lead to further gains.
The next important resistance is around 1.24 with an interim one at 1.2150
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.