GBPUSD Holding Support - Ready to soar
1D Chart
GBPUSD is holding support around 1.37300 but the pair is still in a mid term bearish cycle which started from June 2021.
1H Chart
Price has broken the support trendline but is still holding 1.37300 support. If this support holds, we are still looking for upside to 1.3900. Alternatively if the support breaks, we will look for continued downside into the 1.3600 level.
GBPUSD is holding support around 1.37300 but the pair is still in a mid term bearish cycle which started from June 2021.
1H Chart
Price has broken the support trendline but is still holding 1.37300 support. If this support holds, we are still looking for upside to 1.3900. Alternatively if the support breaks, we will look for continued downside into the 1.3600 level.
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