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fxpremiere
Apr 28, 2021 6:13 PM

GBPUSD 28 04 2021 Long

GBP/USDOANDA

Description

GBPUSD 28 04 2021

Last week the price touched the resistance level at 1.400. Then it collapsed and struck:
- resistance 1.394.
- support 1.387.
After the second breakout, the price dropped to support 1.382 (February 2020). Bounced off the line and returned to support 1.388. From this position, I expect the price to rise to resistance.
The target is 1.395.
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