Contributors Technical Analysis GBPUSD 1.3100 Resistance

GBPUSD 1.3100 Resistance

The British pound is holding above the 1.3000 level against the US dollar, which indicates that the pair may continue to test higher. GBPUSD bulls may start to target towards the 1.3100 resistance level if sellers fail to move price under the 1.3000 level. A break above the 1.3065 level would confirm that the GBPUSD pair is intending to test towards the 1.3100 resistance area.

The GBPUSD pair is only bullish while trading above the 1.3000 level, key resistance is found at the 1.3100 and 1.3180 levels.

The GBPUSD pair is only bearish while trading below the 1.3000 level, key support is found at the 1.2965 and 1.2900 levels.

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