GBUSD

GBPUSD pair is trading above its 10 and 20-day exponential averages in the daily time frame. The trend direction is still upward. It has also successfully completed the 1.2502 imbalance target. If the positive trend is maintained and remains above the averages, it may have a close target of 1.2599. Support: 1.2457 – 1.2420 Resistance: 1.2599 – 1.2750