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GBPUSD is moving in a closing wedge in weekly, daily, hourly.the pair made a upward move last week and showed a loss of momentum last fri.
Weekly Resistance @ 2.0069, 2.0204, 2.0398
Weekly Support @ 1.9586, 1.9294
Daily Resistance @ 1.9998, 2.0062, 2.0221
Daily Support @ 1.9730, 1.9602
Hourly Resistance@ 1.9962, 1.9998
Hourly Support @ 1.9879, 1.9765
1 comment:
GBPUSD looks to be struggling to be bullish as it has broken the support, but had a huge rejection to the top side.
My GBPUSD support and resistances are:
R: 2.0000, 2.0047 and 2.0192
S: 1.9880, 1.9689 and 1.9600
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