GBP/USD Started new up trend.

FX:GBPUSD   British Pound / U.S. Dollar
Currently, GBP/USD is trading at 1.2985. The pair is trading in a resistance and support channel from some time and now broke a small resistance level at 1.2939 to start a new uptrend. It has rebounded after touching the support level and started a new uptrend. Soon pair will touch the first resistance level at 1.3017 and if it breaks that level, then it can touch the second resistance level at 1.3160.

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Rishikesh Lilawat

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