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GBPUSD Updated


At the time of writing the pair is trading at 1.3130.            (10/22/2020 8:49 AM)

Our Proprietary Composite Strength Meter suggests      88% Buying.

Range trading stop loss has been triggered. The latest scenario clearly suggests buying the pair around support levels with profit booking targets of resistance levels.

The major resistance levels are = 1.3250, 1.3370

The major support levels are = 1.3050, 1.2940, 1.2850

Trend changing point: Low of 4H Candle closing Below 1.2700

                                 

 


 

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