GBPUSD: Technical Turn-Over

GBPUSD Technical Turn-Over

 

With the GBPUSD reversed from 1.3100, the figure is currently falling to 1,3000 before questioning an immediate upward trend at 1,2985 and 1,2960/55. If the Bank of England (BoE) were not able to deception the Pound Bulls, they would have been able to catch the quotation of 1.2955, 1.2900 and the latest low of near 1.2865. Meanwhile, the immediate upside appears to be limited by 1.3100 and 1 3120/25. The break highlights 1.3185. Given the price could continue to flash beyond 1,3185 and 1,3270 and 1,3300.
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