TODAY’S MARKET IDEA: GBP/USD
GBP/USD bullish conditions remain, however, faces strong resistance at the August highs near 1.2280 (daily chart)
GBP/USD current price faces key resistance near the top end up the multi-week upward price channel (1.2280). A break above this resistance could place the 1.25s in sight, while downside support can be seen near 1.19.
Not investment advice. Past performance is not indicative of future results.
GBP/USD bullish conditions remain, however, faces strong resistance at the August highs near 1.2280 (daily chart)
GBP/USD current price faces key resistance near the top end up the multi-week upward price channel (1.2280). A break above this resistance could place the 1.25s in sight, while downside support can be seen near 1.19.
Not investment advice. Past performance is not indicative of future results.