GBP/USD is near a significant resistance

The British pound was strengthened by the comments of British Prime Minister B. Johnson. As a result, he returned to the upper boundary of the descending channel, from which a rebound is expected to form.

Sales should be considered below the levels of 1.2100-1.2090.

The resumption of the downtrend opens the way to the support levels: 1.2050 and 1.2020. Resistance is located at 1.2120 and 1.2150.

Read also: “The US Trade War 2.0. New facts“

Hanzenko Anton

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Earn with the help of the trade service on the news Erste News!

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