GBPUSD (Bullish trend above 1.2700)

Theo SroshMayi
Technical Analysis of GBPUSD

Stability above 1.2693 will support a bullish trend, targeting 1.2783. Breaking this resistance will lead to further bullish targets. Conversely, a reversal to stabilize below the pivot line at 1.2693 will support a decline towards 1.2627 and 1.2572.

  • Pivot Price: 1.2700
  • Support Levels: 1.2627, 1.2572, 1.2541
  • Resistance Levels: 1.2780, 1.2820, 1.2898

    Today's expected movement range is between 1.2693 and 1.2783.

    previous idea:
    GBPUSD (Long Movement)
GBPGBPUSDSupply and DemandSupport and ResistancetraidingtrendTrend AnalysisUSD
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