GBPUSD

GBPUSD

After Prime Minister May’s speech about Brexit, the GBP gained momentum last week. But the price was limited at 1.2685 resistance level. However, If GBPUSD remains stable above 1.2448 major resistance level, GBP might continue to gain momentum and we will face the resistances at 1.2580 and 1.2685 levels again. On the other hand, If the price turns back below 1.2448, we will follow the supports at 1.2345 and 1.2250 levels.

 

Supports: 1.2448 – 1.2345 – 1.2255

Resistance: 1.2580 – 1.2685 – 1.2775

30 Jan 17 (Mon)

09:28 am



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