Currently, GBP/USD is trading at 1.2462. The pair started a sideways trend on 14 April and now consolidating in the support and resistance wedges. If the price breaks its support level at 1.2433, it may enter into a new downtrend and then its next support level at 1.2247, will be its first target.
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Thank you,
Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat
코멘트:
About to hit 1st target.