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GBPUSD






8/29/2017 1:49:41 AM

GBPUSD - Technical Analysis: Tuesday, 29/08/2017 05:49 GMT



The GBPUSD pair managed to surpass 1.2930 level and settled above it, starting today with bullish bias that indicates the price head to achieve more gains in the coming period, as our next target is located at 1.3000, noting that surpassing this level will lead trades for more rise on the short term basis.

Thus, we expect the turn to rise in the coming period unless pushing on 1.2930 level to break it and settle below it again.


Target
Risk


Support
Resistance


Trend Bullish

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