Recently, Gbp entered into a steep rising channel and is still confined within it. Due to the nature of this channel, there's a likelihood that Gbp could break below it in the nearest future, thus, although I expect a move to the upper side, a break below the lower trend line will trigger a short position towards 1.2919. On the hourly chart above, I still expect a move upwards especially after a breakout above 1.3023.
Technical levels:
Resistance levels
R1:1.2881
R2: 1.2943
R3: 1.3087
Pivot
1.2992
Support Levels
S1: 1.2512
S2: 1.2656
S3: 1.2737
Trade Signal
Wait for a breakout above 1.3023 to long Gbp towards 1.3312
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 