GBP/USD: The pair faces further upside pressure as it was seen building up on its past gain during Monday trading session. Support lies at the 1.3750 level where a break will turn attention to the 1.3700 level. Further down, support lies at the 1.3650 level. Below here will set the stage for more weakness towards the 1.3600 level. Conversely, resistance stands at the 1.3800 levels with a turn above here allowing more strength to build up towards the 1.3850 level. Further out, resistance resides at the 1.3900 level followed by the 1.3950 level. Its daily RSI is bullish and pointing higher suggesting further strength. On the whole, GBP/USD looks to move further higher on bull pressure.
Search
New Posts
UK Clears Microsoft’s Partnership with Inflection AI: A New Era in AI Collaboration
Pets Drive Homebuying, Renovation Decisions
No Link Between Mobile Phones and Brain Cancer, WHO-Backed Study Says
How Barbie is Giving Fresh Energy to Its Tagline and Catching WNBA Fever
LIV Golf to Start 2025 Season in Riyadh: Key Points to Know
Leave A Comment