Is the pound breaking its resistance?
Given the resistance at the level of 1.2817, if this area is broken, we can expect the price to continue rising towards 1.2935.
Otherwise, if the support level at 1.2717 is broken, a further decline towards the level of 1.2614 is anticipated.
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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.