As with all USD pairs, GbpUsd has also started to correct higher.
At this moment the pair is facing a very important resistance given by the falling trend line of a wedge, horizontal line and psychological 1.2 and a daily close above this zone could lead to further gains.
The next important resistance is around 1.24 with an interim one at 1.2150
At this moment the pair is facing a very important resistance given by the falling trend line of a wedge, horizontal line and psychological 1.2 and a daily close above this zone could lead to further gains.
The next important resistance is around 1.24 with an interim one at 1.2150
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