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Spotlight on GBPUSD. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.
 

GBPUSD

Looking at GBPUSD’s chart, we can see that the FX pair gained a significant value after the cooler USD data announced on Friday. Currently, it is traded at around $1.213 with an upward direction. If this direction continues as such, then it should approach its resistance level at around $1.22, otherwise, it could test its support level at around $1.20. 

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