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GBP/USD Outlook (28th May 2019)

British Pound / U.S. Dollar (FX:GBPUSD)  
JinDao_Tai  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Forex macro technical trend GBPUSD
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trendanalysis forex macro technical trend gbpusd
  • GBP/USD rejected resistance level

Price Movement
Since yesterday, GBP/USD moved down by around 60pips.

Trend
GBP/USD is trending downwards.

Important Issue
None.

Technical
Yesterday, GBP/USD tested and rejected the resistance level of 1.27431.

Price Levels
Current Price: 1.26741
Next Resistance: 1.27431
Next Support: 1.25622
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