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GBP/USD attempted to rise

STO

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GBP/USD attempted to rise, moving away from the support level of 1.2768 but met resistance at 1.2920.


Support and resistance
Support levels: 1.2840, 1.2810, 1.2768.
Resistance levels: 1.2920, 1.2975, 1.3042.

EUR/USD rate strengthened in view of weak data of incomplete transactions in the US housing market.



Support and resistance
Support levels: 1.1210, 1.1180, 1.1120, 1.1085, 1.1050.
Resistance levels: 1.1255, 1.1300, 1.1355.

Source: Claws & Horns

This article comprises the personal view and opinion of the STO Investment Research Desk and at no time should be construed as Investment Advice.​

STO Review

Source: https://www.stofs.com/en/newsroom/entry/TECHNICAL/gbpusd-attempted-to-rise/?camp=24219
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