TipTVFinance

GBP/USD could peep above 1.33 again

FX:GBPUSD   British Pound/U.S. Dollar
Resistance – 1.3303, 1.3341, 1.34

Support – 1.3226, 1.3119, 1.30

  • The inverted hammer candle formation on the daily chart following a two-day sideways move indicates the pair could head higher to 1.3341 levels. A violation there would expose 1.34
  • On the other hand, a breakdown of support at 1.3226 (June 24 low) could yield 1.3119 (June 27 low).
  • Day end closing below 1.3119 would mean the corrective rally has ended and the larger downtrend has resumed, thus opening doors for 1.29 handle.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out