{"id":167705,"date":"2020-03-30T09:45:12","date_gmt":"2020-03-30T13:45:12","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=167705"},"modified":"2020-03-30T08:08:55","modified_gmt":"2020-03-30T12:08:55","slug":"can-gbpusd-rally-back-to-the-1-286-resistance","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/03\/can-gbpusd-rally-back-to-the-1-286-resistance\/","title":{"rendered":"Can GBPUSD Rally Back To The 1.286 Resistance?"},"content":{"rendered":"
March 30, 2020<\/div>
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By <\/strong>Orbex<\/strong><\/a><\/p>\n

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The British pound is in a strong rally as price action continues to close with daily gains over the last four days.<\/p>\n

GBP is up nearly 7.80% from the 23rd<\/sup>\u00a0March close of 1.1540. As price action increasingly looks bullish, it is possible that GBPUSD will be back near the 1.2858 handle.<\/p>\n

Given that this level previously acted as support, the reversal off the 1.1540 lows will see this being retested for resistance.<\/p>\n

It would also mark a complete recovery since GBPUSD broke below the support level of 1.2858 on 11th<\/sup>\u00a0March 2020. Watch for support to emerge near 1.2277.<\/p>\n

By <\/strong>Orbex<\/strong><\/a><\/p>

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Orbex The British pound is in a strong rally as price action continues to close with daily gains over the last four days. GBP is up nearly 7.80% from the 23rd\u00a0March close of 1.1540. As price action increasingly looks bullish, it is possible that GBPUSD will be back near the 1.2858 handle. Given that […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-167705","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/167705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=167705"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/167705\/revisions"}],"predecessor-version":[{"id":167745,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/167705\/revisions\/167745"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=167705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=167705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=167705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}