The GBPUSD pair is now trading below the key resistance level of 1.2502. As long as the price stays below 1.2502, on a four hourly basis, the rise may be limited and we will see 1.2428 and 1.2364 as support levels. On the other hand, if the pair rises above 1.2502, the next resistance level is holding at 1.2572.
Support : 1.2428 - 1.2364 - 1.2286
Resistance : 1.2502 - 1.2572 - 1.2671
07 Jul 20 (Tue)
06:23 am