GBPUSD: Expected To Move Between Its Support And Resistance Level
Looking at GBPUSD’s chart, we can see that the FX pair is currently traded at the rate of 1.2043. Today Fed will announce the interest rate which will move the pair. Until then, we expect the rate to move between its support and resistance level at around 1.1980-1.2070.
(Click on image to enlarge)
More By This Author:
EURUSD: Not Much Volatility Expected
Apple: Expected To Rise Towards Its Resistance Level
EURUSD: Expected To Rise Towards Its Resistance Level Of Around 1.0230
Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...
more