GBPUSD

12 May 2017 01:18 PM

We mentioned yesterday about the importance of resistance level at 1.0935, the pair managed to penetrate this level and has risen quickly till levels of 1.0988. current resistance will be at 1.1020 then the upper limit of daily ascending channel near to 1.1040. staying lower than these levels would send prices back again to support levels at 1.0965 and 1.0950.

Tags: gbpusd

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