Recently, GBP/USD has been trading upwards. As I expected, the price tested the level of 1.3362. According to the H1 time – frame, I found a broken resistance at the price of 1.3312, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. The upward targets are set at the price of 1.3392 and at the price of 1.3445.
Recently, GBP/USD has been trading upwards. As I expected, the price tested the level of 1.3362. According to the H1 time – frame, I found a broken resistance at the price of 1.3312, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. The upward targets are set at the price of 1.3392 and at the price of 1.3445.
Resistance levels: R1: 1.3358R2: 1.3374 R3: 1.3385
Support levels: S1: 1.3331S2: 1.3320S3: 1.3304
Trading recommendations for today: watch for potential buying opportunities.
The material has been provided by InstaForex Company – www.instaforex.com
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