Forex Trading – GBP/USD
Yesterday, in the first trading hours, the British pound was in range 1.5340-1.5490 USD. This morning the currency pair is trading at 1.5430-1.5445.
According to the analyses of Trading212, if GBP breaks the resistance levels at 1.5445-1.5470 USD, the aim will be reaching and testing the zone 1.5505-1.5530 USD. If it is successful, the upward trend will continue to 1.5555-1.5575 USD.
If GBP drops below the support levels at 1.5430-1.5410 USD, it will try to find a next support at 1.5390-1.5375 USD. In case of breaking down, the downward trend will continue to 1.5355-1.5230 USD.
