GBPUSD Dec 05

2019-12-05 14:36:00

The pair, in the meantime, is currently developing some 150 pips above a bullish 20 SMA, which accelerated above the larger ones. The pair would need to break below 1.3012, October monthly high, for the current bullish stance to hesitate. May high, at 1.3176, is the next bullish target and relevant resistance.