Recently, the GBP/USD has been trading downwards. The price tested the level of 1.2915. Anyway, according to the 30M time frame, I found potentially hidden buying activity. There is a fake breakout of yesterday's low at the price of 1.2930. My advice is to watch for potential buying opportunities. The upward targets are set at the price of 1.2930, 1.2975 and 1.3015.
Resistance levels:
R1: 1.3000
R2: 1.3057
R3: 1.3090
Support levels:
S1: 1.2915
S2: 1.2880
S3: 1.2825
Trading recommendations for today: watch for potential buying opportunities.
