- March 24, 2019
- Posted by: gmiadmpanel
- Category: News
On the weekly timeframe GBP remains bullish and its holding well above the daily up trendline and the critical support zone highlighted above.
The support zone remains in the area of 1.2900 – 1.2960.
The close below this crucial support on the daily will change the outlook from bullish to bearish in the short term.
The trade preference remains to buy the dips until it invalidates by closing the daily below the given levels.