rishililawat5

GBP/USD Technical Analysis.

FX:GBPUSD   British Pound / U.S. Dollar
Currently, GBP/USD is trading at 1.2462. The pair started a sideways trend on 14 April and now consolidating in the support and resistance wedges. If the price breaks its support level at 1.2433, it may enter into a new downtrend and then its next support level at 1.2247, will be its first target.

Do follow us for future Forex updates.

Thank you,

Rishikesh Lilawat
Comment:
About to hit 1st target.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.