GBP/USD Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The FX pair is currently trading within a price range of 1.23680 to 1.24500. The 50-period, 100-period, and 200-period Simple Moving Averages are within this range, which could indicate that a directional impulse may occur in the shorter time frame. A bullish impulse could potentially push the price towards the 1.24500 resistance level, while a bearish impulse could move the price closer to the 1.23000 level.



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