GBPUSD intraday technical analysis - 11/12/2018
GBPUSD1.25701 / 1.25711
Upwards scenario: Downtrend formation remains strong on the medium-term perspective, however upside progress is possible today. Loss of resistance at 1.2610 (R1) is required to open path towards to higher target at 1.2678 (R2) and then final aim is seen at 1.2751 (R3) today.
Resistance levels: 1.2610, 1.2678, 1.2751
Support levels: 1.2506, 1.2455, 1.2395