GBPUSD Hits Resistance at 1.32180 USD, Support at 1.30302 USD

By Romio_pro
GBPUSD is trading around 1.31449 USD after recovering from the support level at 1.30302 USD, facing resistance at 1.32180 USD.

The EMA 34 and 89 lines indicate that the upward momentum is still intact, but a short-term correction is possible.

If the price fails to break through this key resistance, it could drop to the minor resistance at 1.31043 USD, and then further decline to the support level of 1.30302 USD.
buyChart PatternsGBPUSDHarmonic PatternslongsetupSELLTechnical AnalysisTrend Analysis
Romio_pro
🔥Join my Telegram for Free: t.me/+rWQyqNB1YTM0M2E1
👉Up to 85% Win Rate
👉Access Free Trading Signals
👉Fast & Accurate Updates

Related publications

Disclaimer