Update: Sterling achieves strong gains
Economies.com
2017-01-17 14:35PM UTC
The GBPUSD pair rallied upwards sharply to breach key resistance levels that started at 1.2185 and extended to achieve strong gains and surpass 1.2339 level now, which hints the price turn to rise on the short term basis, targeting 1.2550 areas mainly in case the price succeeded to get a daily close above the previous level.
Therefore, it is important to monitor the upcoming trading especially the daily candlestick close according to 1.2339 to confirm the new destination clearly.
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