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GBP/USD in Conflict of a Breakout or Correction

GBP/USD in Conflict of a Breakout or Correction

GBP/USD in Conflict of a Breakout or Correction


The GBP/USD currency pair is currently approaching the resistance level of 1.2800. Today's data from the US may either support a breakout or a correction. If prices break out, they may reach 1.2930, but a correction could push prices back to 1.2630.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

1.2930

1.2800

1.2700

1.2650

1.2500

1.2400

 

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