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GBP/USD Outlook (15th 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
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trendanalysis forex macro technical trend gbpusd
  • Muted GBP/USD price movement

Price Movement
Since last Friday, GBP/USD moved up by around 45pips before moving back down by around 20pips.

Trend
Recently, GBP/USD is trending upwards.

Important Issue
None.

Technical
GBP/USD is slowly moving towards the resistance level of 1.26000.

Price Levels
Current Price: 1.25593
Next Resistance: 1.26000
Next Support: 1.24600
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