GBP/USD is expected to be further
consolidated. The pair is testing 1.2800
support slots and traders can look for
long positions. In the upward direction,
1.3000 becomes the upstream target
when the rebound occurs. If the pair
continues to decline, the 200-day moving
average will be the level at which long
positions are sought.
Key levels to focus :
Support: 1.2800, 1.2625, 1.2600, 1.2500
Resistance: 1.3000
consolidated. The pair is testing 1.2800
support slots and traders can look for
long positions. In the upward direction,
1.3000 becomes the upstream target
when the rebound occurs. If the pair
continues to decline, the 200-day moving
average will be the level at which long
positions are sought.
Key levels to focus :
Support: 1.2800, 1.2625, 1.2600, 1.2500
Resistance: 1.3000
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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.
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.