GBP/USD – 1.30 likely if it closes abv trend line hurdle
Pair’s rebound from last week’s low of 1.2769 if followed by a daily close back above the rising trend line hurdle would open doors for a revisit to 1.30 (zero figure) and 1.3048 (May 18 high).
On the downside, only a daily close below 1.2769 would revive the bearish move.
On the downside, only a daily close below 1.2769 would revive the bearish move.