GBP/USD analysis for July 30, 2020 – GBP on the extended run to the upside with potential for test of 1.3150

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GBP/USD analysis for July 30, 2020 - GBP on the extended run to the upside with potential for test of 1.3150

GBP/USD analysis for July 30, 2020 – GBP on the extended run to the upside with potential for test of 1.3150

Technical analysis:

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Trading recommendation:

Watch fro buying opportunities on the dips using the hourly and 4h time-frame for better entry location.

The upward target is set at the price of 1,3145 and I dont see any bigger resistance before that level.

The material has been provided by InstaForex Company – www.instaforex.com

Source : https://www.mt5.com/forex_analysis/quickview/182262/