Could GBP/USD rise beyond the 1.2150 level?

AAATrade Team AAATrade

Looking at GBPUSD’s chart, we can see that it is traded at around 1.21 with an upward trend. Today if this upward direction continues, we can see the rate testing its resistance level at around 1.2150 and if able to pass it then we should see it rising towards its next resistance level otherwise it should fall towards its support level at around 1.2030-1.2060.

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AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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