GBP/USD continued its sideways movement in a range between 1.3027 and 1.3337, and is facing 1.3337 resistance once again.
GBP/USD continued its sideways movement in a range between 1.3027 and 1.3337, and is facing 1.3337 resistance once again.
A breakout of this level could trigger further upside movement to the 1.3500 zone. Near term support is at 1.3185. Below this level could take the price back to test the 1.3027 support.
Futures, options, stocks, ETFs and over the counter foreign exchange products may involve substantial risk and may not be suitable for all investors. Leverage can work against you as well as for you. You should therefore carefully consider your investment experience as well as financial condition before deciding if trading is suitable for you.
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