GBPUSD August, 03 2020
Overview:
The chart above shows that the pair is trading above a strong support level around 1.30, which enhances the chances of an upward movement during today's trading
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 1.3030
Alternative Scenario:
On the other hand, we see that if the 1.30 level breaks down, it could push this pair down to 1.2950
Resistance | 1.3030 | 1.3050 | 1.3090 |
Support | 1.3000 | 1.2950 | 1.2915 |
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