GBP/USD: market to test the nearest support

GBP/USD: market to test the nearest support


Bulls faced with resistance at 1.3300 and there's a 'V-Top', so the market is likely going to test the nearest support at 1.3172 - 1.3143. A pullback from this area could be a starting point for another upward price movement towards the next resistance at 1.3244 - 1.3268.


There's a 'Double Top' pattern, which has been confirmed, so the price is declining. The main intraday target is the closest support at 1.3172, which is near the 55 Moving Average. If a pullback from this level happens next, there'll be a moment to have a bullish price movement to 1.3244 - 1.3268.



Latest news

EUR/CHF looks ill

This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera