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Forex: GBP/USD closes NY higher than one.5650
GBP/USD gained ground for a second consecutive day on Tuesday, reaching 1.5678 from an earlier low of one.5590 where the combine encountered dynamic support at the 14-day MA.
At time of writing, GBP/USD has ended trade in big apple at one.5667, around forty pips higher than its beginning value.
According to Anton Kolganov, Chief Technical Strategist at ForexMillion, “An uptrend can begin as soon because the combine rises higher than resistance level one.5755, which can be followed by moving up to resistance level one.5955.” To the draw back, the strategist identifies support at one.5632, 1.5550, 1.5425 and 1.5340.
GBP/USD gained ground for a second consecutive day on Tuesday, reaching 1.5678 from an earlier low of one.5590 where the combine encountered dynamic support at the 14-day MA.
At time of writing, GBP/USD has ended trade in big apple at one.5667, around forty pips higher than its beginning value.
According to Anton Kolganov, Chief Technical Strategist at ForexMillion, “An uptrend can begin as soon because the combine rises higher than resistance level one.5755, which can be followed by moving up to resistance level one.5955.” To the draw back, the strategist identifies support at one.5632, 1.5550, 1.5425 and 1.5340.
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