SuperForex

Correction is possible

Long
FX:GBPUSD   British Pound / U.S. Dollar
We observe that yesterday the price showed a sharp climb, overcoming several resistance levels at once. Today it is possible that the price goes into correction. We believe that the price can go to the level of 1.3135 and again continue the upward movement.

Therefore, we advise you to take long positions in the pair, but you should wait for the completion of the correction. The support and resistance levels are 1.3130, 1.3150, 1.32 and 1.3245.

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