FX:GBPUSD   British Pound / U.S. Dollar
Currently, GBP/USD is trading at 1.2418 consolidating in the same range, last week this pair started its uptrend and after rebounding from its resistance level it is trading in a sideways direction. If it breaks neckline at 1.2292, pair may enter into a new downtrend and then next support which is at 1.2167, will be its first target.

Do follow us for future Forex updates.

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.