GBPUSD Analysis

The GBPUSD pair showed an upward movement above the 1.2947 main support level. If the price stays above 1.2947 on a four hourly basis, the daily resistance level will be at 1.3046. On the downside, if the pair drops below 1.2947, the next support level can be seen at 1.2838.


Support: 1.2947- 1.2838 - 1.2768
Resistance: 1.3046- 1.3136 - 1.3231