GBPUSD : failed to break the support zone

GBPUSD

OUTLOOK

The price of GBPUSD try to rise up after failed to breach the support in the 1.2610 zone and get out of the bullish channel

Currently, the price will try to rise up to reach the next resistance in the 1.2851 zone because the Dollar has weakened and price failed to breach the important support zone

Additionally , on the Friday we have gross domestic product and it can be cause the price to movement if the news released above the expected it will be positive for GBP and will rise up to the 1.3138 level

Best chance to buy

best chance to buy it will be after stabilized above the resistance in the 1.2851 and then will reach 1.3138

what is your opinion ??

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