GBP/USD Outlook (26 August 2020)

26 Aug 2020, 16:30 · Views 1,802

Overall, GBP/USD is trending upwards. Recently, GBP/USD break above the key level of 1.31.

GBP/USD’s next support zone is at 1.30000 and the next resistance zone is at 1.32200.
Look for buying opportunities of GBP/USD .

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John Kicklighter

01 Sep 2020

GBP/USD has resumed its uptrend, trades up 0.7% on the day to 1.3460, and is on course to test long-term resistance, starting at 1.3514 and stretching up to 1.3640.