On Friday price broke 132.800 major resistance area and market closed around 133.040 area. A retest of the major resistance zone and support being found at that price level could see resistance at 134.000 or further 134.600 being tested over a period of time. Fundamentally the UK economy is starting to reopen which could see price of the pound regain strength.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.