Technical analysis of GBP/USD for July 09, 2020

Overview: In the four time frame, the GBP/USD pair continues to move in an uptrend from the level of 1.2531 since yesterday. So, major support is seen at 1.2531, while immediate resistance is found at 1.2689. Besides, it should be noted that the first support (1.2598) coincides with the ratio of 61.8% Fibonacci Expansion. Today, […]