HomeContributorsTechnical AnalysisGBPUSD Intraday Analysis

GBPUSD Intraday Analysis

GBPUSD (1.2627): The GBPUSD currency pair was seen gradually drifting higher. Price action remains subdued below the resistance level of 1.2683. A near-term rebound back to this resistance level could see the price being tested more firmly compared to the initial test at the resistance level. Further downside in the GBPUSD can be expected if price breaks past the previously established low. However, we expect some consolidation to take place that could keep the GBPUSD trading flat for the moment.

Orbex
Orbexhttp://www.orbex.com/en/agent/cl/ccc678cb86b9
At Orbex, we are dedicated to serving our clients responsibly with the latest innovations in forex tools and resources to assist you in trading.

Featured Analysis

Learn Forex Trading