From TradingView · · 30s
GBPUSD Daily, Can Buyers Reclaim Trendline?
Buyers aim to reclaim GBPUSD's descending trendline as price nears key support.
In brief
Buyers aim to reclaim GBPUSD's descending trendline as price nears key support. GBPUSD price action nears 1.3250, 1.3260 support, with buyers targeting 1.3393 if they hold above. Originally reported by TradingView.
GBPUSD nears support
GBPUSD price action shows recovery after finding support around 1.3200, 1.3260 region.
Key resistance zone
The resistance zone around 1.3530, 1.3570 remains a significant barrier for buyers.
Bullish target levels
If GBPUSD holds above the reclaimed support zone, it could extend toward 1.3393 and 1.3472.
The big picture
GBPUSD price action nears 1.3250, 1.3260 support, with buyers targeting 1.3393 if they hold above.
