GBP/USD inched higher towards 1.3011 levels on Wednesday as the pair found short buying interest around 1.2932 levels. The pair has to break resistance level at 1.3199 levels in order find any bullish momentum, unless un…
GBP/USD inched higher towards 1.3011 levels on Wednesday as the pair found short buying interest around 1.2932 levels.
The pair has to break resistance level at 1.3199 levels in order find any bullish momentum, unless until the trend continues to be strongly bearish for this pair.
Currently, the currency pair is trading at 1.3012 levels, it is set to decline towards 1.2955 and later 1.2900 levels in the short term.
To the upside, the immediate resistance can be seen at 1.3048, a break above this level would expose to cable to next resistance level at 1.3125.
To the downside major support can be seen at 1.2955, a break below will open the door towards next level at 1.2900.
