FX.co - GBP/USD analysis for July 30, 2020 - GBP on the extended run to the upside with potential for test of 1.3150

2020-07-30T10:57:04

Relevance until2020-08-01

Technical analysis:

GBP/USD analysis for July 30, 2020 - GBP on the extended run to the upside with potential for test of 1.3150

Trading recommendation:

Watch fro buying opportunities on the dips using the hourly and 4h time-frame for better entry location.

The upward target is set at the price of 1,3145 and I dont see any bigger resistance before that level.

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

Analytical expert

Petar Jacimovic

FX.co ★ GBP/USD analysis for July 30, 2020 - GBP on the extended run to the upside with potential for test of 1.3150