GBPUSD- Bulls look active

GBPUSD- Bulls look active

Vinish Kumar
11 Jul 2019 06:57 PM
A look at daily chart, we observe that price of the pair recently took support of a downward sloping trend line (downward sloping grey line). Bollinger band is one of the finest indicators which acted as a strong Support & Resistance, recently price action has taken support of the lower band of the Bollinger bands and prices started moving upside, till the resistance which is 1.2750 where upper band is hovering.

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