GBP USD pair expanded its stable growth
8/29/2017 7:25:34 PM
The GBP/USD pair expanded its stable growth into early Europe, with the bulls now ready to test 1.3003 levels on a breach of 1.2955 barrier.
The pair is probable to speed up the up-move towards regaining the key 1.3003 psychological mark before finally rushing towards its next strong persistence near the 1.3033-45 area. On the other hand, rejection from recent persistence area, and a following decline back below the 1.2911 handle would refute the bullish tilt and turn the pair at risk to head back towards testing a rising trend-line support near the 1.2805-1.2785 area with some intermediate support around 1.2766 level.