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GBPUSD September, 09 2020
Overview:
The chart above shows that the pair is trading above a strong support level around 1.2900, which enhances the bullish chances during today's trading
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 1.3055
Alternative Scenario:
On the other hand, we think that if the 1.2900 level is broken to the downside, this pair might push down to 1.2850
| Resistance | 1.3055 | 1.3100 | 1.3150 |
| Support | 1.2900 | 1.2870 | 1.2840 |
*Risk Disclaimer: 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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