There is no "Resistance" until 1.30 on GBP/USD. This is where last Sell stopped. It's not that hard. Always look on the left side of the Chart and look where the last Sell ended if price is in an uptrend and vice versa. Whether price will break through the last point where last Sell ended depends on fundamentals and client sentiment.
What I mean by "Resistance" is that there are no huge amount of orders sitting anywhere between current price and 1.30, so there is no special need from banks to manipulate this in-between area.
What I mean by "Resistance" is that there are no huge amount of orders sitting anywhere between current price and 1.30, so there is no special need from banks to manipulate this in-between area.