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GBPUSD






7/9/2017 11:05:21 PM

GBPUSD - Technical Analysis: Sunday, 10/07/2017 03:05 GMT



The GBPUSD pair declined clearly recently but it returns to recover now and attempts to move above 1.2900 barrier again, supported by the positivity that appears on RSI, waiting to head to visit the recently recorded top at 1.3046 as next target.

Note that breaking 1.2825 will stop the expected bullish trend and push the price to return to the correctional bearish trend that its next target located at 1.2688.


Target
Risk


Support
Resistance


Trend Bullish

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