🔽 GBPUSD bounced off the earlier broken round level
GBPUSD launched today's session with a downward move, but the pair moved higher on upbeat headlines regarding Brexit negotiations. Looking at the M30 interval, GBPUSD bounced off the support at 1.2920. However the buyers did not manage to break above the 1.30 handle, which should be considered as a key resistance for now. According to the classical technical analysis, as long as the price sits below it, the downward move towards local lows remains the base case scenario. On the other hand, breaking above the aforementioned resistance, may open the way towards 1.3075 handle. 
GBPUSD M30 interval. Source: xStation
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
