An updated technical look at the GBPUSD. The technical levels/roadmap is clear to see. ...Middle East

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The GBPUSD moved higher earlier in the day stalled near the swing area between 1.2793 and 1.2802. The area also had the advantage of being at a natural resistance at 1.2800. Sellers leaned and pushed the price back lower.The move to the downside is currently testing a swing level at 1.2759. That level was the swing high going back to May 22. The price broke above that level yesterday and retested it earlier today in the European session. This is the third test of the level.Going forward, breaking below, and traders would target the rising 100-hour moving average at 1.2737 (blue line on the chart below). Moving below that level, and the rising 200-hour moving average at 1.2717 would be target

Hence then, the article about an updated technical look at the gbpusd the technical levels roadmap is clear to see was published today ( Tuesday 28/05/2024 - 09:49 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 28 May 2024 clock 09:49 PM

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An updated technical look at the GBPUSD. The technical levels/roadmap is clear to see. ...Middle East

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