The pound dollar is trading at the $1.26007/1.26160 area. In the event of an ascent and stability above the 1.26160 area, it will head to the first resistance area of 1.26285, and in the event of completion of the ascent, it will head to the 1.26392/1.26508 areas.
GBPUSD Technical Analysis On the other side
In the event of a decline and stability below the 1.26007 area, it will head to the first support area 1.25862, and in the event of the decline completing, it will head to the 1.25738/1.25595 areas.
GBPUSD Technical Analysis: resistance and support levels
• Third resistance: 1.26508
• Second resistance: 1.26392
• First resistance: 1.26285
• Trading area: 1.26007/1.26160
• First support: 1.25862
• Second support: 1.25738
• Third support: 1.25595
