Technical Analysis Daily: GBP/USD
GBP/USD 1.9937 - June 30th
GBP/USD Open 1.9944 High 1.9965 Low 1.9824 Close 1.9946
The British Pound climbed on Friday against the US Dollar from Friday's bottom 1.9824 up to today's top and also a two month record 1.9965, which are the the first support and resistance levels respectively for the currency couple today. If the positive trend continues, next resistance is expected at 2.0060, followed by 2.0130. In downward direction next support for today is expected at 1.9750, the break of which would lead to next target 1.9680.
Technical resistance levels: 1.9965 2.0060 2.0130
Technical support levels: 1.9825 1.9750 1.9680
Trading range: 1.9925 - 1.9990
Trend: Upward
Buy at 1.9937 SL 1.9907 TP 1.9977