GBP/USD technical analysis

4 May 2020 02:48 PM

The pair tried to break through the $1.2650 resistance level but failed to do so. Since the pair retreated from this level, we expect it to continue falling to the support level of $1.2310. On the upside any bullish momentum above the resistance level of $1.2650, could cause the pair to target the $1.2900 level.   

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