GBPUSD BUY SETUP
Pivot point: 1.2576
Britain Pound traded within a wide range yesterday and still lost the path to follow. It traded between 1.2500 and 1.2630. At last closed near 1.2595 area. As the bullish trend continues the pair could rebound to 1.2853 level and head higher to 1.3001. Alternatively,
If a bearish trend emerges then the pair may adjust to 1.2520 and then test the next support of 1.2444.
Resistance level 1: 1.2653 Resistance level 2: 1.2709 Resistance level 3: 1.2785
Support level 1: 1.2520 Support level 2: 1.2444 Support level 3: 1.2388
Pivot point: 1.2576
Britain Pound traded within a wide range yesterday and still lost the path to follow. It traded between 1.2500 and 1.2630. At last closed near 1.2595 area. As the bullish trend continues the pair could rebound to 1.2853 level and head higher to 1.3001. Alternatively,
If a bearish trend emerges then the pair may adjust to 1.2520 and then test the next support of 1.2444.
Resistance level 1: 1.2653 Resistance level 2: 1.2709 Resistance level 3: 1.2785
Support level 1: 1.2520 Support level 2: 1.2444 Support level 3: 1.2388