This article was first published on Orbex Forex Trading Blog.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -

gbpusd

The Pound sterling maintains a steady uptrend as price action briefly faltered near 1.2594.

However, a quick recovery should put the currency pair on track for further gains.

The next main target for GBPUSD is the 1.2643 level. This marks the highs from April 30th.

There could be further gains if price manages to break past this level.

Alternately, resistance might form near this level which opens the downside risk for the GBPUSD currency pair.

The lower support level near 1.2424 remains within sight amid this scenario.

Test your strategy on how the GBP will fare! Open your Orbex Account and start trading now. 

The post Sterling inches higher, eyeing April 30th highs appeared first on Orbex Forex Trading Blog.


--
To keep reading this article, please navigate to: Orbex Forex Trading Blog.