Critical resistance is located at 1.2700 (200-period Simple Moving Average (SMA), 100-period SMA and 50-period SMA). If the pair rises above that level and confirms it as support, 1.2760 (static level) and 1.2780 (static level) could be seen as next bullish targets.
On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first
support before 1.2600 (psychological level, static level) and 1.2560 (200-day SMA).
GBPUSD sell now 1.27070
Confirm Target 1.26082
On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first
support before 1.2600 (psychological level, static level) and 1.2560 (200-day SMA).
GBPUSD sell now 1.27070
Confirm Target 1.26082
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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.