GBPUSD: An Expected Rise Towards Its Resistance Level At Around 1.2050
Looking at GBPUSD’s chart, we can see that the precious metal is currently traded close to its support level at around 1.1957. If it will be able to hold its rate above that level, then we could expect it to rise towards its resistance level at around 1.2050 otherwise it should fall towards its support level at around 1.19.
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