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FX.co ★ GBP/USD: Solid downside correction on weekly chart from resistance of 1.2780/90

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Forex Analysis

2020-06-10T13:45:38
iconRelevance until2020-06-11

GBP/USD: Solid downside correction on weekly chart from resistance of 1.2780/90

GBP/USD: Solid downside correction on weekly chart from resistance of 1.2780/90resistance is seen at the level of 1.3518.

SUPPORT/RESISTANCE Weekly Base

S1= 1.2450S2=1.2210R1=1.2830R2=1.3240

The key long-term technical resistance is seen at the level of 1.3518. Only if one of these levels is clearly violated, the main trend might reverse (1.3518) or accelerate (1.1404).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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