Tag: gbpusd

Hello guys,

As we wrote in our forex weekly review on Monday (15.05.2017) for GBPUSD it was very important resistance price level at 1.2978 .

Today morning this price level was broken with bulls push up! Now GBPUSD stay still in the channel well supported at 1.2956.
Let’s see which close price we will get for today)

Stay tuned,
ForexTeam

Hey everybody,
our ForexTeam would like to give you some advices about price behavior on forex this week.

GBPUSD

We are not sure if this week currency pair GBPUSD could break importain resistance level at 1.2978.
If this break up will not occure at price level of 1.2978, than it is more probable that price goes down to support level at 1.2835-1.2780.

Resistance level=1.2978
Support level=1.2835-1.2780

Be careful with GBPUSD, it’s pretty crazy horse ))

P.S. Here is the screenshot from ForexTeam app with GBPUSD sell limit at price level 1.2985 (added on 16.05.2017)

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