GBPUSD: Expected To Be Traded Around Its Support And Resistance Level

Looking at GBPUSD’s chart, we can see that as of yesterday the FX pair is traded at around 1.20 due to the hope of a better leader in the UK after Boris’s resignation.

Today we could expect it to be traded around its support and resistance level, between 1.1950 and 1.2050 unless it breaks through one of them.

(Click on image to enlarge)

GBPUSD


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