GBP/USD: Approaches long target at 1.30815

Denis Joeli Fatiaki Independent Analyst

The British Pound consolidated at 1.29520 resistance for two days before taking off, breaking through 1.3000 and 1.30415 during the overnight session. The pair trades at 1.30463 at the time of writing and could reach its third target at 1.30818 if it holds above 1.30415.

Resistance: 1.30815, 1.31265, and 1.31565
Support: 1.3000, 1.29520, and 1.29150

Author

Denis Joeli Fatiaki

Independent Analyst

Denis Joeli Fatiaki possesses over a decade of extensive experience as a multi-asset trader and Market Strategist.

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