GBPUSD Nov, 20 2020
Overview:
prices are moving in an upward short-term direction.
Expected:
The pair is approaching a strong resistance level around 1.3300, which enhances the downside chances during today's trading to 1.3245 in the event that negative signals appear below this level.
Alternative Scenario:
On the other hand, we see that if the 1.3300 level is broken to the upside, this pair might push up to 1.3350.
Resistance | 1.3300 | 1.3350 | 1.3380 |
Support | 1.3245 | 1.3220 | 1.3200 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
Related Topics
Latest News
Wednesday, March 27, 2024 - 22:51
Tuesday, March 26, 2024 - 21:15
Monday, March 25, 2024 - 20:14
Friday, March 22, 2024 - 21:12
Latest Economic Analysis
Tuesday, May 16, 2023 - 23:36
Tuesday, April 25, 2023 - 15:59
Tuesday, April 18, 2023 - 22:22
Tuesday, April 04, 2023 - 17:13
Latest Education Articles
Friday, July 14, 2023 - 19:25
Thursday, February 13, 2020 - 21:24
Thursday, January 30, 2020 - 14:39
Friday, January 17, 2020 - 13:00