GBPUSD - British Pound /US Dollar forex market analysis

in forex •  last year 

GBP/USD currently trading at 1.246 now the chart is forming a falling wedge pattern at daily time frame. we can expect a reversal from here because its a strong support and price can go up till 1.26 which is a resistance from there we can see a fall if price breaks and sustain 1.26 we can see further up movement

major support levels are 1.245 and 1.231
major resistance levels are 1.262 and 1.281

these are major support and resistance levels which you can trade
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