GBP/USD likely to test 1.2655 in the near future. Where to next?

GBP/USD is moving towards a key support level at 1.2655. This is a previously tested level for GBP/USD. This could be a good trading opportunity, either at the spot price, or after breaching this level.

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GBP/USD likely to test 1.2655 in the near future. Where to next?

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GBPJPY is quickly approaching the support line of a Flag. We expect either a breakout through this line or a rebound.

GBPUSD – approaching a resistance line that has been previously tested at least twice in the past

Supports and resistances are primary concepts of technical analysis. NZDUSD is heading for an important price of 0.5861 – read about what this could mean for the future.

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GBP/USD likely to test 1.2655 in the near future. Where to next?

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