Wed, Jan 21, 2026 23:42 GMT
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    HomeContributorsTechnical AnalysisGBP/USD Reached Another Upside Target

    GBP/USD Reached Another Upside Target

    MultiBank Exchange Group
    By MultiBank Exchange Group

    GBP/USD resumed the upside movement and has managed to reach the 1.3046 static resistance. I’ve said in the previous reports that the rate should reach this level after the retest of the 250% Fibonacci line. A breakout will signal a further increase towards the warning line (wl1).

    MultiBank Exchange Group
    MultiBank Exchange Grouphttp://www.mexgroup.com
    Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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