GBPUSD Hits Resistance at 1.32180 USD, Support at 1.30302 USD
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.
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.
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