GBP / USD Technical Analysis - Uniglobe Markets

GBP / USD Technical Analysis

Posted on May 15, 2019 at 05:19 AM

The GBPUSD continues to fall, and the pair is trading around 1.2910. Stability below this price will be more negative to prove the expectations, reaching the price to 1.2800 as the primary target. But when a break of 1.2960 will fail any attempt to drop the price.

Support: 1.2820

Resistance: 1.3020

Trend: The pair is trading below 1.2910 with a target of 1.2800 as long as 1.2960 remains intact

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