GBUSD under monthly resistance at 1,29
GBP/USD prices are below an important monthly resistance zone at 1.29/1.2950, a return to this zone would be ideal to initiate shorts in the direction of:
1/ from oblique support towards 1.25
2/ major support zone 1.18/1.20
3/ annual support at 1.04
A monthly close above 1.29 would restart the uptrend with new targets.
1/ from oblique support towards 1.25
2/ major support zone 1.18/1.20
3/ annual support at 1.04
A monthly close above 1.29 would restart the uptrend with new targets.
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