Chat with us, powered by LiveChatGBP/USD Approaches 1.2800 Resistance, Correction May Target 1.2630

GBP/USD Approaches 1.2800 Resistance, Correction May Target 1.2630

GBP/USD Approaches 1.2800 Resistance, Correction May Target 1.2630

GBP/USD Approaches 1.2800 Resistance, Correction May Target 1.2630


The GBP/USD currency pair came close to the resistance level of 1.2800. Data from yesterday didn’t support a breakout or a correction as uncertainty continues. If prices break out, they may reach the next target of 1.2930. However, if there is a correction, prices may fall 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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