Technical analysis of GBP/USD 11/19/2020
The GBP/USD currency pair is in an uptrend on the daily timeframe. At the moment, the pair is forming an upward movement, quotes are in the area of the 1.3300 level. The nearest resistance is at the level of the annual high in the 1.34 zone. The technical picture suggests a continuation of the upward movement to the 1.36 zone. A signal to cancel the growth development option will be a decline below 1.3000, which will indicate a breakdown of the uptrend line and MA100.
Created by Joshua Hayn