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GBPUSD: Short-term uptrend is about to be challenged around 1.23

British Pound / U.S. Dollar (FX:GBPUSD)  
Quantific-Solutions  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
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trendanalysis
GBPUSD is trending up toward two key levels at 1.218 (200-day MA) and 1.23 (Strong resistance). Short-term uptrend is about to face tough resistances. One scenario is to see the pair starts to move higher from short-term support around 1.205 toward 1.218/1.23. It is highly likely to expect a bearish move triggers if rate falls between 1.218/1.23 zone.
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