GBP/USD trades in eight-month highs, around mid-1.3300, and targets the 1.3500/15 area, Axel Rudolph, Senior FICC Technical Analyst at
Commerzbank, reports.
Key quotes
“GBP/USD is heading towards the 1.3500/15 the December 2019 high and the January 2009 low.”
“Minor support is seen at the 1.3268 August 19 high and also around the March peak at 1.3201.”
GBP/USD targets the 1.3500/15 zone – Commerzbank
| S3 |
S2 |
S1 |
R1 |
R2 |
R3 |
| 1.3069 |
1.3128 |
1.3239 |
1.3409 |
1.3468 |
1.3579 |
| Trend Index |
OB/OS Index |
| StronglyBullish |
Overbought |
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