The GBP / USD currency pair, showing moderate volatility, gradually brings us to the level of 1.3000, forming two-digit candles. Now we see how the quotation already affects the range of 1.3000, slowing down the movement, which as a fact pours out into stagnation. Probably assume fluctuations near the level within 40 points, where the "bears" will try to take the leading position, returning us to the values of 1.2900 / 1.2850. Otherwise, we will remain near the level of 1.3000, widening the framework of movement and listening to the decisions of the G20.
Key Levels
Zones of resistance: 1.3000; 1.3150; 1.3400.
Indicators
- It is recommended to buy a pair after a clear fixation of the price above 1.3050, with a view to move to 1.3150.
- Sale of a pair is recommended to produce a price below 1.2940, with a view to move to 1.2900 / 1.2850.
Note: Forecasts are not a direct guide to action!
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