The technical pattern on GBP/USD is ambiguous for me now. I’ve identified the key levels:
Support – 1.2405
Resistance – 1.2425
I’ll open positions after the breakthrough and retest of these levels.
I’d buy GBP/USD, if the price fixes above 1.2425. Potential movement - to 1.2460.
I’ll sell it, if the price fixes below 1.2405. Potential movement - to 1.2370.
The data on the inflation in Britain will be published today at 8:30. This event can cause a strong movement on the pair.
Support – 1.2405
Resistance – 1.2425
I’ll open positions after the breakthrough and retest of these levels.
I’d buy GBP/USD, if the price fixes above 1.2425. Potential movement - to 1.2460.
I’ll sell it, if the price fixes below 1.2405. Potential movement - to 1.2370.
The data on the inflation in Britain will be published today at 8:30. This event can cause a strong movement on the pair.