GBPUSD bulls still in control in short term
GBPUSD had an impressive bullish rally in the preceding week
Also, cable surpassed the 20- and 40-simple moving averages (SMAs) in the daily time frame, confirming the recent upside movement
Immediate resistance is at 1.31500 which might hold as Key Resistance.
Also, cable surpassed the 20- and 40-simple moving averages (SMAs) in the daily time frame, confirming the recent upside movement
Immediate resistance is at 1.31500 which might hold as Key Resistance.