GBPUSD had an impressive bullish rally in the preceding week
Also, cable surpassed the 20- and 40-simple moving averages (SMAs) in the daily time frame, confirming the recent upside movement
Immediate resistance is at 1.31500 which might hold as Key Resistance.
Also, cable surpassed the 20- and 40-simple moving averages (SMAs) in the daily time frame, confirming the recent upside movement
Immediate resistance is at 1.31500 which might hold as Key Resistance.
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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.