GBP/USD Forecast: Bears Push Sterling To Oversold Conditions, Bounce On The Radar

Support below 1.35 awaits at 1.3455, the 2020 trough, followed by 1.33, a stepping stone on the way up in late December.

Some resistance is at 1.3545, which was a cushion early in the year. It is followed by 1.3610, a support line from last week, and then by 1.3675 and 1.37.

1 2
View single page >> |

Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.