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FX.co ★ GBP/USD Intraday Technical analysis

GBP/USD Intraday Technical analysis

GBP/USD Intraday Technical analysis

On Friday the spot rate broke through its intermediate resistance level to 1.5720 giving a place to an acceleration. A pullback is possible on these levels before a resumption of bullish movement.

According to previous events, the market indicates a bullish opportunity on the levels of 1.5720 with a 1st objective of 1.5860, then 1.5910. A breakthrough of 1.5690 will change this situation.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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