The British Pound (GBP) drops to 1.3260 against the US Dollar
The British Pound (GBP) drops to 1.3260 against the US Dollar (USD) while heading towards European session on Thursday. The GBP/USD pair neglected to continue earlier day rally.
The GBP/USD pair nears it week by week highs and holds a transient bullish position, as in the 4 hours diagram, it stays far over its moving midpoints, while specialized markers hold close overbought readings, with the RSI traveling north at around 65. Now, the pair is ready to break its week by week high at 1.3280, the quick opposition, in transit to the 1.3360 area where it beat late February.
GBP/USD Forex Daily Analysis ,March 14-2019
PENDING ORDER BUY GBP/USD @ 1.3296 SL: 1.3271 TP1: 1.3311 TP2: 1.3326 TP3: 1.3341
PENDING ORDER SELL GBP/USD @ 1.3235 SL: 1.3260 TP1: 1.3220 TP2: 1.3205 TP3: 1.3190