Currently, GBP/USD is trading at 1.2596. The pair started a new up trend on 26th May and now after touching its resistance zone, it is hovering in the same zone. If it breaks the support level at 1.2495 it may start a new down trend, then its first target price will be at 1.2331 and the second will be at 1.2230.
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Thank you,
Rishikesh Lilawat
Do follow us for future Forex trend analysis.
Thank you,
Rishikesh Lilawat
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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.