TipTVFinance

GBP/USD – Could test 1.26 on weak US wage growth data

OANDA:GBPUSD   GBP/USD
Resistance

1.25
1.26
1.2745

Support

1.2380
1.2342 (5-DMA)
1.2276 (10-DMA)

Comments: Despite the bullish break on Thursday, the subsequent failure to take out 1.25 in the NY session and in Asia suggests the pair could revisit 1.2380 levels on the back of overbought 4-hr RSI . Overall, the spot appears on track to test 1.26 handle; especially if the US wage growth data disappoints expectations.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out