GBP/USD Technical Analysis.

FX:GBPUSD   British Pound / U.S. Dollar
Currently, GBP/USD is trading at 1.2332. The pair started a new up trend after breaking resistance level at 1.2192. The pair was trading in a descending wedge before starting a new up trend. The price is about to touch its first target, which is at 1.2377. It may hit the second target at 1.2491 if it crosses the first target.

Do follow us for future Forex trend analysis.

Thank you,

Rishikesh Lilawat

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.