GBP/USD is near significant support - Ester Holdings
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GBP/USD is near significant support

The GBP/USD pair, after a two-week growth in the upward trading channel, has moved to a correction. As a result, it tests support 1.3170-50, which meets the lower boundary of a two-week uptrend. In the conditions of preservation of the existing dynamics, we can expect the resumption of growth when the level of 1.3230-50 will be updated. It opens the way to resistance levels: 1.3300-20 and 1.3360. Support is located at the levels: 1.3180 and 1.3150, fixing the price below which cancels expectations for growth.


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Hanzenko Anton

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