Daily analysis of GBP/USD for July 26, 2017

The pair managed to break above the resistance zone of 1.3027 and it seems the target is now placed around 1.3106. However, as GBP/USD remains well consolidated above the 200 SMA at H1 chart, we can expect further strength and the 1.3100 psychological level could be a feasible objective. To the downside, the nearest support […]