FX:GBPUSD   British Pound / U.S. Dollar
The British pound has moved to a fresh six-week trading high against the US dollar , with the pair moving above the psychological 1.3000 level. Buyers need to hold price above the 1.3000 level to maintain the bullish medium-term range breakout. The GBPUSD pair could easily advance towards the 1.3100 level at this stage, with the 1.3200 level the ultimate upside objective.

• The GBPUSD pair is bullish while trading above the 1.2960 level, further upside towards the 1.3100 and 1.3150 levels appears possible.
• the GBPUSD pair trades below the 1.2960 level, key support is found at the 1.2940 and 1.2900 levels.

Comments

not only 1.30 even one day 1.25 too will be achieved
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will this punch down tomorrow
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