The GBPUSD reached the two month-high level after the European Union offered some Brexit deal hope. European Commission President Jean-Claude Juncker said he believes a Brexit deal could be passed before the deadline.
The GBPUSD pair is now testing the daily resistance level of 1.2572. In order for the rise to gain more power, it needs to stay above 1.2572 on a daily basis. Should this occur, we will see face 1.2671 as the next resistance level. Otherwise, the rise may pause and we will face support levels at 1.2502.
Support : 1.2502 - 1.2428 - 1.2364
Resistance : 1.2572 - 1.2671 - 1.2768
20 Sep 19 (Fri)
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