Fri, Apr 19, 2024 @ 15:47 GMT
Facebook Mail RSS Twitter
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.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.