The GBPUSD pair showed an upward movement and it is currently trading above the key support level of 1.2428. As long as the pair stays above 1.2428 on a four hourly basis, we will see 1.2502 as a resistance level. On the other hand, if the price drops below 1.2428, we will see the next support level at 1.2364.
Support : 1.2428 - 1.2364 - 1.2286
Resistance : 1.2502 - 1.2572 - 1.2671
02 Apr 20 (Thu)
10:11 am