GBPUSD Technicals
GBPUSD is in a similar situation to that of EURUSD.
The pair continued its consolidation last week between 1.2980 support and 1.3160 resistance.
Buyers need to secure a daily close above 1.3160 to send the pound higher.
A close above 1.3160 would open the door to 1.3500.
Key support for the week ahead remains 1.2980.
The pair continued its consolidation last week between 1.2980 support and 1.3160 resistance.
Buyers need to secure a daily close above 1.3160 to send the pound higher.
A close above 1.3160 would open the door to 1.3500.
Key support for the week ahead remains 1.2980.
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.