GBPUSD: Could Manage To Break Through One Of The Resistance Levels

The pair is traded at a short-range between 1.1950 and 1.2030, whereas currently, it is at the rate of 1.1973.

Looking at GBPUSD’s chart, we can see that after the PM’s resignation, the fx pair is traded at a short-range between 1.1950 and 1.2030, whereas currently, it is at the rate of 1.1973. Today we expect it to be traded at this range unless it will manage to break through one of the support or resistance level.

(Click on image to enlarge)

GBPUSD


More By This Author:

GBPUSD: Expected To Be Traded Around Its Support And Resistance Level
Exxon Mobil: Expected To Test Its Resistance Level At Around $80-90
USDJPY: Expected To Retest Its Resistance Level

Comments