Bullish Short Term towards 1.2640 with Fed-cut-rate help.
GBP/USD has been trading within a narrowing triangle or wedge and is nearing uptrend support, Price Under was strong pressure of new PM And the uncertainty of Brexit deal-no deal. Any good comments from EURO UK regading a good deal then the price could bounce back toward resistance 1.2540 and 1.2670 level, currently price holding critical level 1.2375 if break next support level 1.2330 and 1.2245.
Support Levels:
S-1 = 1.2375
S-2= 1.2330
Resistance Level:
R-1 =1.2460
R-2 =1.2560
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Support Levels:
S-1 = 1.2375
S-2= 1.2330
Resistance Level:
R-1 =1.2460
R-2 =1.2560
Please like, share/follow us and get daily/weekly/ monthly Analysis.
If you like the idea, please push like and subscribe, it motivates me to post ideas more often.
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