Photo by Colin Watts on Unsplash 
 

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 is currently traded at the rate of around $1.2560, with an upward direction. Today, if this uptrend continues, we could expect the rate to test the level of $1.26, and if it is able to break through it, then it should approach the next one at around $1.2670. On the other hand, it could retreat towards the support level of around $1.2480.

(Click on image to enlarge)

More By This Author:

Daily Technical Analysis Of EURUSD - Monday, June 12
Daily Technical Analysis Of DocuSign Inc. - Monday, June 12
Daily Technical Analysis Of EURUSD - Friday, June 9