Due to the GBPUSD break of the resistance line at 1.3016, the above price will be a support line if the pound continues to fall.
As you can see in the graph above, there is a resistance line at 1.3318 based on 2 past failures (a relatively light resistance line).
Stochastic in Overbought + RSI in Overbought which usually indicates a change in trend.
Great chance of price correction before GBPUSD continues its upswing
Goal: 1.35
As you can see in the graph above, there is a resistance line at 1.3318 based on 2 past failures (a relatively light resistance line).
Stochastic in Overbought + RSI in Overbought which usually indicates a change in trend.
Great chance of price correction before GBPUSD continues its upswing
Goal: 1.35