GBP/USD waiting to test a supply area

GBP/USD waiting to test a supply area

GBP/USD has been recently favored by a weak USD across the marks and now it’s doing a rebound from the low of 1.2772. That move could put the pair on the way to reach the supply zone established between the 1.3077 and 1.3019 levels, at which lies a strong territory for sellers, according to our Fibonacci projections.

RSI indicator remains slightly below the 50 level territory, favoring for a consolidation before any significant move.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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

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