The GBPUSD pair found buyers from the 1.2205 daily support level and reached to the key resistance level of 1.2286. In order for the upward movement to continue, it needs to break out and stay above 1.2286 on four hourly basis. Should this occur, the next daily resistance level will be at 1.2364. Otherwise, we will see the 1.2205 main support level again.
Support : 1.2205 - 1.2110 - 1.2024
Resistance : 1.2286 - 1.2364 - 1.2428
27 Aug 19 (Tue)
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