Forex Trading Library

GBP/USD – 22.08.2024

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GBPUSD broke above the target of 1.3050-70.

Intraday levels show the first resistance at around 1.3150 which could create a trading zone toward the support of 1.3050-70 before prices advance again.

Above 1.3150 more advance will be expected with resistance at 1.3300.

Below 1.3050 price could move lower toward 1.2820-50 and below.

SUPPORT RESISTANCE
LEVEL1 1.3050-70 1.3150
LEVEL2 1.2820-50 1.3300
LEVEL3 1.2680 1.3650

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