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GBPUSD






7/11/2017 12:01:45 AM

GBPUSD - Technical Analysis: Tuesday, 11/07/2017 04:01 GMT



The GBPUSD pair settled around 1.2875 level after the decline that it witnessed yesterday, and RSI attempts to provide positive signals that support the chances of rising again, to keep the bullish trend valid until now, reminding you that the continuation of the bullish trend requires settling above 1.2825 level as a main condition.

Our first target is located at 1.3046, and surpassing this level will push the price to head towards 1.3200 on the near term basis.


Target
Risk


Support
Resistance


Trend Bullish

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