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GBP/USD Outlook (29th July 2019)

British Pound / U.S. Dollar (FX:GBPUSD)  
JinDao_Tai  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Forex macro technical trend GBPUSD
5
0
trendanalysis forex macro technical trend gbpusd
  • GBP/USD broke support level

Price Movement
Since last Friday, GBP/USD moved down by around 120pips.

Trend
GBP/USD is trending downwards.

Important Issue
None.

Technical
GBP/USD broke the support level of 1.24000.

Price Levels
Current Price: 1.23288
Next Resistance: 1.24000
Next Support: 1.23000
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