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GBPUSD January, 27 2020
Overview:
The pair is trading in a neutral zone as it appears on the chart above, and accordingly we will wait for the pair until it reaches the limit mentioned areas in the following scenarios
Expected:
The arrival of the pair to the bullish trend line and the emergence of positive signals above this level may push the pair to rise to 1.3280
Alternative Scenario:
Breaching the 1.2950 level downwards in line with the bullish trend line might push the pair down to 1.2800
| Resistance | 1.3280 | 1.3300 | 1.3350 |
| Support | 1.2950 | 1.2900 | 1.2800 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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